$490,000
$499,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,268 SqFt
SOLD DATE : 02/09/2024
Key Details
Sold Price $490,000
Property Type Multi-Family
Sub Type 3+ Houses on Lot
Listing Status Sold
Purchase Type For Sale
Square Footage 2,268 sqft
Price per Sqft $216
MLS Listing ID 223095324
Sold Date 02/09/24
Bedrooms 4
Full Baths 3
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1941
Lot Size 8,886 Sqft
Acres 0.204
Property Description
Welcome to an exceptional investment opportunity in the heart of Modesto. This remarkable property offers a strategic location, impressive financial potential, and a diverse range of possibilities for savvy investors. With 2 parcels of land, 6 buildings, and a total of 7 units, this gem is poised to deliver excellent returns on your investment. There are 1 3-bedroom/2-bathroom unit, 1 2-bedroom/2-bathroom unit, 2 2-bedroom/1-bathroom units, and 3 1-bedroom/1-bathroom units (2 units on the same lot have 1bed/1bath additions without permits, but permits can be pulled with ease). 3 units will be delivered vacant so you can bring them to market rents of $1400-1800, bringing in a total gross of $8000+/monthly and lots of room for growth with yearly increases.
Location
State CA
County Stanislaus
Area 20106
Direction Going South on 99, exit Hatch Rd. Turn right on Hatch Rd. Turn right on Boulder Ave
Rooms
Living Room Other
Dining Room Other
Kitchen Granite Counter
Interior
Heating Central
Cooling Ceiling Fan(s), Central, Window Unit(s)
Flooring Tile
Laundry Other
Exterior
Garage Other
Garage Spaces 5.0
Utilities Available Natural Gas Available
Roof Type Composition
Private Pool No
Building
Lot Description Corner, Landscape Front
Story 1
Foundation Slab
Sewer Septic System
Water Public
Schools
Elementary Schools Modesto City
Middle Schools Modesto City
High Schools Modesto City
School District Stanislaus
Others
Senior Community No
Tax ID 038-038-041-000
Special Listing Condition Other
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3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States