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listing
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Residential IncomeFor Sale
$2,250,000
1060 South St
Hollister, CA 95023
Listed by: Sam Runco from Marcus & Millichap, (650) 391-1700
MLS: MLSListings Inc.
4,308Sq Ft
Est. Mortgage
$11,714/mo

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.

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Based on information from the MLSListings MLS as of 04/29/2024 06:58 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information courtesy of Marcus & Millichap is subject to verification and is not guaranteed.
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