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$830,000
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Property Description
Discover this well-maintained fourplex in the heart of Atwater, an ideal addition to your investment portfolio. Boasting three updated units, each equipped with separate water meters, this property offers convenience for tenants and efficiency for owners. With a strong 7.1% cap rate, it's a standout opportunity in today's market.
Key highlights include a new roof that adds long-term value and peace of mind, plus proximity to shopping, activities, and easy freeway access. The fourth unit is a blank slate, offering potential for value-add upgrades.
Don't miss out on this rare opportunity to own a solid, income-producing property in a prime Atwater location. Schedule your showing today!
Full Property Details
Full Property Details for 1873 Carter Way
General
- Sold For: $830,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: MC24232070
- Added to Site: 457 day(s) ago
Rooms
Other Rooms
- Laundry: In Closet
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- County: Merced
- Driving Directions: Head down Bellevue toward Winton Way, Turn left on Winton Way, Turn left on Carter Way and left down the alley
Heating & Cooling
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 5,016
- Year Built: 1974
Lot Features
- Lot Size (Acres): 0.4502
- Lot Size Source: Assessor
- Zoning: P-D 2
- Lot Description: Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $165.47
- Price Per Unit: 212500
Listed by BHGRE Everything Real Estate, Eric Jaurique-Pouncey
Sold by Keller Williams Property Team, Ranjeet Singh
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Schools
Schools serving 1873 Carter Way
School Districts:Atwater Elementary School District, Merced Union High School District
| Name | Grades | Distance |
|---|---|---|
Mitchell Elementary School 1761 Grove Avenue, Atwater, CA 95301 | K-6 | 0.5 mi |
Mitchell Intermediate School 1753 Fifth Street, Atwater, CA 95301 | 7-8 | 0.5 mi |
Atwater High School 2201 Fruitland Avenue, Atwater, CA 95301 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1873 Carter Way
Date
Details
Price
Change
Source
1/24/2025
Sold
$830,000
-2.35%
MLS
11/11/2024
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1873 Carter Way, Atwater, CA 95301 (MLS# MC24232070) is a Multi-Family property that was sold at $830,000 on January 24, 2025. Want to learn more about 1873 Carter Way? Do you have questions about finding other Multi-Family real estate for sale in Atwater? You can browse all Atwater real estate or contact a Coldwell Banker agent to request more information.
