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1235 Williams WAY Yuba City, CA 95991
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Key Details
Sold Price $4,300,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223095402
Year Built 1966
Lot Size 0.360 Acres
Property Description
This meticulously maintained property comes complete with 9 of 14 units that have been recently remodeled and or updated in the last 24 months. Located on a quiet residential street conveniently located within walking distance to Yuba Sutter Mall with plenty of Restaurant & retail shops.. The next owner can follow the proven renovation remodel & recapture nearly 11% loss to lease on the Feb 2023 rent roll. Yuba City is also a 45-minute drive from Sacramento on either Highway 65 or 70, and less than 2 hours from the Greater Bay Area surrounding in connecting to Interstate 80. This property located at 1235 Williams can also be bought with property next door on 1215 Williams way for a total of 28 units for $4,675,000 with a combined cap of nearing a 5.8 cap with a proforma of close to 7% cap after Year 1 projections.
Location
State CA
County Sutter
Area 12404
Interior
Heating Central, Wall Furnace, Varies by Unit
Cooling Central, Wall Unit(s), Varies by Unit
Flooring Carpet, Laminate, Vinyl, Varies by Unit, See Remarks
Laundry Coin Operated, In Common Area
Exterior
Garage Off Street, Carport
Utilities Available Cable Available
Building
Lot Description Central BBQ, Landscape Back, Landscape Front
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
Schools
Elementary Schools Yuba City Unified
Middle Schools Yuba City Unified
High Schools Yuba City Unified
School District Sutter
Others
Special Listing Condition None
Read Less
Bought with Non-MLS Office
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