555 Wallis Avenue, Gustine, CA

$990,000

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5

Beds

1

Bath

1,500

Square feet

0.91

Acres

About 555 Wallis Avenue

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.

Features of 555 Wallis Avenue

MLS® # 223006580
Price $990,000
Bedrooms 5
Bathrooms 1.00
Full Baths 1
Square Footage 1,500
Acres 0.91
Year Built 1912
Type Residential
Sub-Type 3+ Houses on Lot
Style A-Frame
Status Active

Community Information

Address 555 Wallis Avenue
Area Gustine
City Gustine
County Merced
State CA
Zip Code 95322-1801

Amenities

Utilities All Public, All Electric, Natural Gas Available
Parking Detached
# of Garages 4
Has Pool No
Pool No

Interior

Heating Central
Cooling Central
Fireplace No
Has Basement Yes

Exterior

Lot Description See Remarks, Other
Roof Composition
Construction Stucco, Wood
Foundation Raised

School Information

Attendance Zone GUSTINE ELEMENTARY SCHOOL, GUSTINE HIGH SCHOOL, GUSTINE MIDDLE SCHOOL
District Merced
Elementary Gustine Unified
Middle Gustine Unified
High Gustine Unified

Additional Information

Zoning R-3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeStephens & Borrelli, Inc.

Listing Map

Listing Schools/Amenities

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