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1238 South Ave.

Modesto, CA 95351
  • $1,150,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: 621615
UPDATED: 52 min ago
$1,150,000
  • 13
    BEDS
  • 0.89
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 8,076
    SQFT
  • $142
    $/SQFT
Neighborhood:
351
Type:
Multi-Family
Built:
1950
County:
Area:
351

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This property is a rare multi-unit investment opportunity with great potential! Offering 12 rental units, each with unique layouts, laundry hook-ups in units and plenty of parking spaces. Walking distance to Modesto High School, James Marshall Elementary School, stores, parks, and public transportation. While the property requires repairs and renovations, it's brimming with character featuring seven 1Bed/1Bath, three 2Beds/1Bath and a total of 10 separate buildings. Ideal for investors or buyers looking to customize and add value, this property has strong potential for rental income or a profitable flip. With structural upgrades and cosmetic updates, it could quickly transform into a sought after rental or owner-occupied space.

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© 2024 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-12-12T23:46:30.867.
www.yourfresnorealty.com/homes/157933194
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1238 South Ave. Modesto, CA 95351

  • Price: $1,150,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 52 min ago
  • ID#: 621615
13
Beds
10
Baths
0
½ Baths
0.89
Acres
8,076
SQFT
$142
$/SQFT
1950
Built
Neighborhood:
351
County:
Stanislaus
Area:
351
Elementary School:
Stanislaus
Middle School:
Stanislaus
High School:
Stanislaus
School District:
Stanislaus
Property Description
This property is a rare multi-unit investment opportunity with great potential! Offering 12 rental units, each with unique layouts, laundry hook-ups in units and plenty of parking spaces. Walking distance to Modesto High School, James Marshall Elementary School, stores, parks, and public transportation. While the property requires repairs and renovations, it's brimming with character featuring seven 1Bed/1Bath, three 2Beds/1Bath and a total of 10 separate buildings. Ideal for investors or buyers looking to customize and add value, this property has strong potential for rental income or a profitable flip. With structural upgrades and cosmetic updates, it could quickly transform into a sought after rental or owner-occupied space.
Exterior Features

Exterior Stucco Region Urban Roofing Shake

Interior Features

Fireplace None Floor Both Heating And Cooling Floor or Wall HeatWindow or Wall A/C Stories One

Property Features

Annual Expense 0.00 Annual Income 97020.00 Cross Street Address COLORADO AVE. Disclosures Call Agent Expenses Include InsuranceWaterSewer Gas And Electric Public UtilitiesNatural Gas Income Includes Unit RentMonth to Month Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 0.00 Property Subtype1 5 to 15 Units Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGas Terms ConventionalCash Transaction Type Sale

Listing provided courtesy of Primitivo Nuno of Primo Realty: primo@primo-realty.com;559-665-7171.


© 2024 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-12-12T23:46:30.867.
 
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