Positioned in the heart of Downtown Atwater, 1241 Broadway offers a compelling investment opportunity with stable income and clear upside. The property includes three upgraded 2-bedroom units (840 SF each), one studio (560 SF), and a 3,080 SF retail space currently leased to Furniture One. Recent renovations such as new flooring, kitchens, and bathrooms, minimize near-term capital needs. Residential rents range from $1,400-$1,550 for the two-bedrooms and $1,100 for the studio, below current market averages. This creates potential for increased income through natural turnover and active management. With strong Broadway frontage, a diversified income stream, and long-term value-add potential,
Recent renovations • Upgraded units • 4,356 sq ft lot
Colliers Parrish Intenational Inc.
NEW 17 HRS AGO
ABOUT THIS HOME
Atwater, CA Homes for Sale
Check it out! Income producing already! Don't miss out on the opportunity to own this 2 unit which feature 1 bedroom, 1 bath house and complete studio. Live in one and rent the other or rent both and let the property pay for itself! Seller financing available with an acceptable offer. Check with city for ADU permits, and for details.
Charming 3-bedroom, 2 bath home built in 1955 with 1,640 sq. ft. of living space. Situated on a larger lot, this property offers plenty of room to enjoy both indoors and outdoors. A new roof was put on in November of 2024. Some of the home features include double pane windows, covered patio, new interior paint, original hardwood flooring, and more. The home maintains its classic character while providing important upgrades, making it a great opportunity for a first-time buyer, investor, or anyone looking for extra space in a desirable location.
Welcome to 1360 Grove Avenue, opportunity knocks with this fixer upper! This is a 2 bedroom 1 1/2 bathroom home, with plenty of options depending on your investment strategy. The floor plan gives you the option to add additional bedrooms and the condition gives you the option to put a little TLC and have it move-in ready. It has the potential After Rehab Value (ARV) of the 300's, with the diversity this property features it can make a great potential return. This home is being sold in "As-Is" condition. The seller will offer the home to the market for 15 days. If not sold within that time period, the seller will remove the property from market and rehab the property themselves. Sc
Welcome to 1105 Oak Avenue, opportunity knocks with this fixer upper. This 3 bed 2 bathroom home, approximately 1260 square feet, has an estimated After Rehab Value (ARV) of the mid 300's. A perfect investment for great potential return. This home is being sold in "As-Is" condition. The seller will offer the home to the market for 15 days. If not sold within that time period, the seller will remove the home from the market and remodel themselves. Schedule your showing and don't miss out on this grand opportunity!