NOT LISTED FOR SALE

702 3rd St Wheatland, CA 95692

8 Beds
4 Baths
4,230 Sq Ft
0.34 Acres

Last Sold July 01, 2024

Last sale price $870,000 $206 Per Sq Ft

34 Days on Market

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Tile Flooring
  • Corner Lot
  • Side by Side Parking
  • Guest Parking

About This Home

As of July 2024

Welcome to this meticulously maintained 6 plex in the desirable, safe, small community of Wheatland. This 6 plex is perfect for investors seeking multi family living. Each unit features 2 bedrooms, 1 bath, indoor laundry, dual pane windows, central heat and air and over 700 sq ft of living. Each unit has its own house number and separate mailbox, onsite parking, situated on a large parcel with lots of beautifully landscaped common areas. Full remodel done in early 2000's. Wheatland is a 25 minute drive from Roseville on either Highway 65 or 70, and less than 2 hours from the Greater Bay Area. With rental prices averaging around $1350 for a 2/1, you can yield a cap rate of roughly 7.25%! Let this be the perfect addition to your portfolio!

Last Agent to Sell the Property

Nicole McNeil

HomeSmart ICARE Realty License #01943734 Listed on: 04/23/2024

HomeSmart ICARE Realty

Last Buyer's Agent

Terrie Hunt

River Ridge Realty License #01213387

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Sprinklers on Timer

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,230 Sq Ft Home
  • 1-Story Property
  • Free-Standing Gas Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Side by Side Parking
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 015-321-008-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 2 Leased Units
  • 4 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1963 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: 5 or More Units
  • Year Built: 1963
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 6
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Carpet, Tile, Vinyl
  • Price Per Square Foot: 205.67
  • Square Footage: 4230.00

Exterior Features

  • Construction Materials: Frame, Wood
  • Foundation: Slab, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 899000.00
  • Lot Features: Auto Sprinkler F&R, Corner
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 6.00
  • Parking Features: Side-by-Side, Guest Parking Available, Other
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Wheatland Union

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District
  • Lot Size Acres: 0.3437
  • Lot Size Sq Ft: 14972.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["See Remarks"]
  • Total Number Leasable: 6
  • Number of Leased Units: 2
  • Number of Month to Month Units: 4
  • Number of Units: 6

Tax Info

  • Assessor Parcel Number: 015-321-008-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Yuba

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $870,000 -3.2% $206 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $899,000 -- $213 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224041106

MetroList