Description
Discover a value-add multifamily opportunity in the heart of downtown sonora. washington square apartments features 16 well-maintained units, including a single-family home, across a 5,620 square foot building situated on a 17,527 square foot lot. just steps from the city's shops, restaurants, and civic amenities, the property boasts a history of high occupancy and long-term tenancy, with the average resident staying over 5 years. recent exterior upgrades including new siding and paint and interior updates in 8 units give new ownership a head start on value-add improvements. zoned general commercial, the site also presents potential for future mixed-use or redevelopment. with current rents approximately 15% below market and room to increase utility and parking charges, this asset is ideal for investors seeking strong cash flow and long-term upside in a supply-constrained market.
Property Type
ResidentialIncomeCounty
TuolumneStyle
ResidentialIncomeAD ID
49981454
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BuyOwner last updated this listing 06/07/2025 @ 12:14
- MLS: 225069290
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLS Metrolist
is a Home, with bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.