Price Reduction
Address
1199 Melton Drive Yuba City, CA
Price
$ 799,000
Property Attributes
  • MLS#202002765
  • TypeMulti-Family
  • CountySUTTER
  • CityYuba City
  • AreaYuba City - Northeast
  • NeighborhoodForestwood Estates
  • Zip95991
  • StyleMulti Family
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5904
  • Lot Size10,890 SqFt
Listing Provided Courtesy Of:
Keller Williams Realty
Property Description

Great income producing property! This 5-unit apartment complex contains five 2 bedroom, 1.5 bath, 1180 sq. ft. units. The property has undergone extensive updates to the building. New roof, new gutters, new siding, new exterior paint, double pane windows, and central heat/air. Each unit rents for $910/mo which could easily be increased to $1,100/mo. 40% of the units have been remodeled. Owner pays for water, garbage, insurance and taxes. Net operating income is around $45k/yr putting the cap rate at 5.6%.

Elementary School Middle School High School
Yuba City Unified Elementary School Yuba City Unified Middle School Yuba City Unified High School
Price History
9/18/2020 Listed $859,000
10/9/2020 7% - $799,000

General Features

Association Fee Includes See Remarks
Construction Materials Wood Siding
Cooling Central Air
Elementary School Yuba City Unified
Elementary School District Sutter
Heating Central
High School Yuba City Unified
High School District Sutter
Interior Features None
Junior High Yuba City Unified
Levels Two
MLS Area Yuba City, Northeast
Middle/Junior School District Sutter
Parking Features On Street
Property SubType Multi Family
Property Type Residential Income
Roof Composition, Shingle
Sewer Public Sewer
Stories 2
Subdivision Name Forestwood Estates
Terms Cash, Conventional
Zoning Description R3

Interior Features

Air Conditioning Y/N Yes
Furnished Y/N Unfurnished
Heating Y/N Yes

Exterior Features

Foundation Details Slab
Lot Size Acres 0.25
Lot Size Source Estimated
Lot Size Square Feet 10890
Lot Size Units Acres
Number of Buildings 2
Open Parking Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95991

Price
AVG $1.22M
$800K
Visits
AVG 9
4
Year Built
AVG 1974
1985
Walkscore
AVG 49
25
Data Provided by Walkscore ® not using MLS data

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