$700,000
$749,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,588 SqFt
SOLD DATE : 11/12/2024
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,588 sqft
Price per Sqft $195
MLS Listing ID ML81971380
Sold Date 11/12/24
Bedrooms 8
Full Baths 4
Year Built 1965
Lot Size 7,000 Sqft
Property Description
Here's your rare chance to own a stunning 4-plex rental apartment in Modesto. This property is an incredible investment, with all units featuring 2 bedrooms, a spacious living room, a separate dining room, and an open kitchen layout. Located near stores, hospital, many restaurants, and schools, this property has it all. Boasting a solid starting CAP rate with great potential for increased monthly rents with long-term tenants. It offers easy access to Highway 99 and McHenry Avenue. It's close to Vintage Faire Mall, Costco, Target, and Walmart. For an even more exciting opportunity, the neighboring property at 2617 Chester Drive, with an adjoining green courtyard to 2613 Chester Drive, is also available for separate acquisition. Here's a total of 8 rental units that are excellent additions into your real estate investment portfolio.
Location
State CA
County Stanislaus
Area Modesto No Of Briggsmore W/Mchenry
Zoning R-QUADRUPLEX
Rooms
Kitchen Exhaust Fan, Garbage Disposal, Oven Range, Refrigerator
Interior
Heating Wall Furnace
Cooling None
Laundry Hookups Only
Exterior
Exterior Feature Back Yard, Courtyard
Garage Carport , Uncovered Parking
Utilities Available Public Utilities
Roof Type Composition,Shingle
Building
Lot Description Grade - Level
Story 2
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 060-013-041-000
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Bought with Sergio Garcia • EXIT Realty Consultants
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "