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Listed by Kristin Frankhauser, DRE #01988702 • RE/MAX GOLD
$700,000
Est. payment /mo
8 Beds
4 Baths
4,000 SqFt
New
418 S Shepherd St Sonora, CA 95370
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $175
MLS Listing ID EB41140102
Bedrooms 8
Year Built 1970
Lot Size 9,959 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
Welcome to this exceptional 4-unit investment opportunity in the heart of Sonora, where location, income, and upside potential converge. Each of the four spacious 2-bedroom, 1-bathroom units offers approximately 1,000 sq ft of thoughtfully updated living space featuring granite countertops, private patio or balcony, baseboard heat, and wall A/C - everything tenants want, nothing left to update. But the real story here is what surrounds the units. Five covered carport spaces, a 3-car garage (comparable stalls lease for ~$125/month each - that's another $375/month in potential income), and roughly 20 additional open parking spots make this property a renter's dream in a town where parking is gold. Then there's the view. Your tenants aren't just renting an apartment - they're renting a front-row seat to downtown Sonora life. Sip coffee on the balcony, watch the parade from the back deck, and walk to shops, restaurants, and everything the historic downtown has to offer. And for the visionary investor: there's room to grow. The rear of the property offers space for an additional structure, and the zoning already supports it. Whether you build another unit, add ADUs, or hold for future appreciation, the optionality here is rare. Strong bones. Prime location. Built-in expansion potentia
Location
State CA
County Tuolumne
Area Other Area
Zoning R-3
Interior
Heating Baseboard
Cooling Window / Wall Unit
Flooring Carpet - Wall to Wall
Laundry Washer, Community Facility, Dryer
Exterior
Parking Features Enclosed, Guest / Visitor Parking, Parking Area, RV/Boat Parking
Garage Spaces 8.0
Roof Type Composition
Building
Lot Description Grade - Level
Others
Tax ID 002-192-001000
Special Listing Condition New, Not Applicable
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