432 S Palm Street, Turlock, CA 95380

Property Description

Located just moments from Main Street, dining, shopping, and entertainment, this charming 1930 Victorian-style income property offers a rare opportunity for investors seeking both current income and future upside. The property consists of five separate units, each with its own gas and electric meter. The unit mix includes: Three 1-bedroom, 1-bathroom units on the lower level, approximately 600 sq. ft. each Two 2-bedroom, 1-bathroom units on the upper level, approximately 1,100 sq. ft. each. The property has been significantly improved with all new copper plumbing throughout the building, dual-pane windows, and individual ductless heating and air conditioning systems for each unit, providing efficiency and tenant comfort. Three of the lower one-bedroom units have already been updated, allowing a new owner to benefit from recent improvements. The two spacious upper-level two-bedroom units offer an excellent value-add opportunity and are ready to be renovated and customized to your vision. Situated on a large corner lot, the property features a welcoming wraparound front porch, street parking, and additional on-site parking. Residents also enjoy shared outdoor spaces ideal for picnics, barbecues, and gardening. Whether you're looking to expand your portfolio, complete a value-add renovation project, or own a classic Victorian income property in a desirable location, this property offers tremendous potential.