Property Details
About this Property
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.
MLS Listing Information
MLS #
ME225122142
MLS Source
MetroList Services, Inc.
Days on Site
1
Interior Features
Appliances
Other
Flooring
Other
Cooling
Other
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
High School District
Merced Union High
Sewer
Public Sewer
HOA Fee
$0
Zoning
Downtown Business Distric
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 840 | 2 | 1/0 | $1,550 | – | – |
| 2 | 0 | 0 | 0/0 | – | – | – |
| 3 | 0 | 0 | 0/0 | – | – | – |
| 4 | 0 | 0 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1241 Broadway Ave is a Residential Income in Atwater, CA 95301. This 6,160 square foot property sits on a 4,356 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in –. This address can also be written as 1241 Broadway Ave, Atwater, CA 95301.
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This listing information is up-to-date as of September 17, 2025. For the most current information, please contact Andrew Hodgson, (209) 401-9085
