Active

Wallis Avenue

Gustine, CA 95322

$990,000 $4,173/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

1,500

Sqft

39,600.40

Sqft(Lot)

Description

5 HOMES PLUS OPEN LOT! RARE MULTI-UNIT OPPORTUNITY. Nearly 1 acre (.91) in Gustine on a great residential shady street. Located in the center of town this property features three 2 bedroom/1 bath homes w/small basements. Two are currently rented at $1000/mo. The third home needs work. The anchor of the property is a large 5 bedroom, 1 bath home with a full basement and loads of opportunities. Across the patio, there is a small studio home. At the opposite end of the property is an open lot along with a large undeveloped area behind the homes. Perfect for investors...immediate income while you plan how to maximize this property's full potential. So many possibilities to discuss! You can add additional rentals, start over and make a a planned unit development, or divide the homes into separate parcels and sell them individually, OR live in one and rent the others to cover the mortgage??? Property is sold as is.

Property Details

Property Type : Residential

Price : $990,000

AD Id : 53157921

MLS Id : 223006580

Beds : 5

Lot Size : 39,600.40 Sqft

Living Area Size : 1,500

Year Built : 1912

County : Merced

Map

What's Nearby

Nearby Areas

Features

Sell a home like this and save $58,901 Find out How

At $660.00 per sq.ft.,this listing is priced below average compared to other condo from Gustine.

The average condo price in Gustine is $709260.88 with avg. price / sq.ft of $1313.00.

The average condo price in Merced County is $716061.88 with avg. price / sq.ft of $1318.43.

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.