Active

1060 South Street

HOLLISTER CA, 95023

$2,250,000


$522.28 per sqft

Active

4,308 sqft

Multi-family

Built in 2023

Dive into the heart of the thriving Hollister real estate market with the brand-new construction at 1060 South Street. This property, strategically positioned and meticulously designed, promises not just returns but a stable and growing cash flow. With four townhome-style units, each offering a spacious 2-bedroom, 2 1/2 bathroom layout, investors can anticipate consistent rental income from a diverse tenant base. Modern amenities such as in-unit washer and dryer facilities, state-of-the-art heating and air conditioning systems, and ample parking spaces ensure premium rents and reduced vacancies. Each unit is separately metered. As a brand-new construction, investors can look forward to minimal maintenance costs in the initial years, maximizing net operating income. This property is investor-ready from day one, allowing you to dive straight into returns without the need for initial repairs, renovations, or upgrades. The property is currently completely vacant, all numbers are estimated.

ML81945242

MLS ID

November 30, 2023

Updated

Map

1060 South Street
HOLLISTER CA, 95023

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.23 acres

School Information

Elementary School

692

Other Property Details

Area Name

Hollister


Garage

No


Parking

No


Parking Total

4


View

No


County

San Benito


Pool

No


Zoning

R-1


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

11/29/2023

Price Change

$2,250,000

-16%

Courtesy of Marcus & Millichap, Sam Runco,
Listing Contact: 6507593414 

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Data last updated 5:37 AM UTC, 11/30/2023

 

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