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About this home
LOCATION, LOCATION, LOCATION — 3-UNIT INCOME PROPERTY! Investors and savvy buyers, this is an opportunity you don't want to miss! Located next to Lincoln Elementary School and Exeter City Park, this property offers 3 separate 1-bedroom, 1-bath units, a duplex plus a detached ADU in the back. Two of the units, including Unit 237 and the rear ADU, have been recently remodeled and are ready to rent, giving you the opportunity to start generating rental income right away. Build Your Cash Flow & Wealth Whether you're looking to expand your rental portfolio, create additional monthly income, or house-hack your way into investment property ownership, this property offers plenty of possibilities: 3 total units, Duplex 1-bedroom, 1-bath each unit and Detached 1-bedroom, 1-bath ADU in the rear. Two units ready for tenants. Seller pays water and trash; tenants pay all other utilities. Live in one unit and rent out the other two or rent all three units and maximize your investment potential. This is more than just a property, it's an opportunity to generate rental income, build equity, and add another income producing asset to your portfolio. Whether you're a first-time investor or an experienced landlord, come take a look and see the potential for yourself!
Multi-familyProperty Type
1921Year Built
7,405 sq ftLot Size
$240Price/Sq.Ft.
Listed by Maggie Sanchez•DRE #01958912• Real Brokerage Technologies
The purpose of the RM districts is to provide living areas within Exeter where development is consistent with the Exeter General Plan and is limited to medium and high density concentrations of multi-family dwellings, and where regulations are designed to promote the following: encourage a suitable environment for family life, recognizing that a significant part of the multi-family population is adult, including senior citizens; provide space for community facilities, including parks, schools, churches and other facilities that will complement the residential environment; an attractive and unique project that encompasses well-designed buildings with ample landscape and offstreet parking; and the conservation of valuable resources ranging from water to energy.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure
Office-Other
Housing-Mobile home park
Water related
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
9% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
50 unhealthy days expected this year, 53 days in 30 years
Provided by First Street
Historical weather
Exeter, CA • 93221
Average low and high temperatures (°F)
60
39
66
44
73
50
76
51
86
57
94
64
96
64
98
66
92
64
81
54
65
46
56
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 237 S C St
$493,390
$1,609 under list price of $495K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $375K to $495K.