1241 Broadway Avenue, Atwater, CA 95301
Local realty services provided by:ERA Carlile Realty Group
1241 Broadway Avenue,Atwater, CA 95301
$1,250,000
- - Beds
- - Baths
- 6,160 sq. ft.
- Multi-family
- Active
Listed by:andrew hodgson
Office:colliers parrish intenational inc.
MLS#:225122142
Source:MFMLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$202.92
About this home
Positioned in the heart of Downtown Atwater, 1241 Broadway offers a compelling investment opportunity with stable income and clear upside. The property includes three upgraded 2-bedroom units (840 SF each), one studio (560 SF), and a 3,080 SF retail space currently leased to Furniture One. Recent renovations such as new flooring, kitchens, and bathrooms, minimize near-term capital needs. Residential rents range from $1,400-$1,550 for the two-bedrooms and $1,100 for the studio, below current market averages. This creates potential for increased income through natural turnover and active management. With strong Broadway frontage, a diversified income stream, and long-term value-add potential, 1241 Broadway is well-suited for both first-time investors and experienced operators looking to grow in the Central Valley.
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Home facts
- Year built:1920
- Listing ID #:225122142
- Added:13 day(s) ago
- Updated:October 01, 2025 at 02:57 PM
Rooms and interior
- Living area:6,160 sq. ft.
Structure and exterior
- Year built:1920
- Building area:6,160 sq. ft.
- Lot area:0.1 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$202.92
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