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USACASonora308 N Washington St
308 N Washington St, Home with 0 bedrooms, 0 bathrooms and 12 parking in Sonora CA | Image 1
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$1,649,000

308 N Washington St, Sonora, CA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes 
Days Active 16
Lot Size 
Approx. Age 1949
MLS® Number 225069290

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Discover a value-add multifamily opportunity in the heart of downtown Sonora. Washington Square Apartments features 16 well-maintained units, including a single-family home, across a 5, 620 square foot building situated on a 17, 527 square foot lot. Just steps from the city's shops, restaurants, and civic amenities, the property boasts a history of high occupancy and long-term tenancy, with the average resident staying over 5 years. Recent exterior upgrades including new siding and paint and interior updates in 8 units give new ownership a head start on value-add improvements. Zoned General Commercial, the site also presents potential for future mixed-use or redevelopment. With current rents approximately 15% below market and room to increase utility and parking charges, this asset is ideal for investors seeking strong cash flow and long-term upside in a supply-constrained market.Show Description
MLS® Number225069290
Laundry LevelIn Common Area, Washer/Dryer Owned
Central VacNo
FireplaceNo
Acreage0.3583
Exterior
GarageNo
Approx. Age1949
Basement
DrivewayStreet, Leased
Garage Spaces
HeatIndividual
A/CIndividual
Heating Fuel

Extras

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