$327,000
$300,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
1,554 SqFt
SOLD DATE : 12/20/2024
Key Details
Sold Price $327,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,554 sqft
Price per Sqft $210
MLS Listing ID 224127722
Sold Date 12/20/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1952
Lot Size 6,251 Sqft
Acres 0.1435
Property Description
Investor's Dream: High-Yield Tri-Plex Opportunity Unlock the potential of this cash-flowing tri-plex! With three fully rented units generating over $3,500 in monthly income, this property offers a solid return on investment right out of the gate. While the building requires some TLC, the upside is undeniable. Renovations can enhance both property value and rent potential, making it an ideal candidate for a savvy investor ready to add value. Key Highlights: Fully Occupied; Strong Cash Flow; Value-Add Opportunity with future improvements; and a Stable Location: Positioned in a desirable rental market with consistent demand. Seize this chance to grow your portfolio with a high-performing property that rewards both now and in the future. Don't waitopportunities like this don't last!
Location
State CA
County Stanislaus
Area 20107
Direction From 9th Street go East on Lombardo.
Interior
Heating Varies by Unit
Cooling Varies by Unit
Flooring Carpet, Tile, Vinyl, Linoleum
Laundry Varies by Unit
Exterior
Parking Features Uncovered
Utilities Available Natural Gas Connected, Electric
Water Access Desc Public
Total Parking Spaces 3
Building
Lot Description Shape Regular
Story 1
Foundation Combination, Raised
Sewer In & Connected
Water Public
Schools
Elementary Schools Modesto City
Middle Schools Modesto City
High Schools Modesto City
School District Stanislaus
Others
Senior Community No
Tax ID 038-015-011-000
Special Listing Condition Offer As Is
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