$1,150,000
For Sale

1238 South Avenue

Modesto, CA 95351
0.89 acres | #MD24235286
Listing OfficePrimo Realty
Browse 3 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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 investment.

  • Property Details
      • Utility FeaturesElectricityAvailable, NaturalGasConnected, SewerConnected, WaterConnected
      • Lot DescriptionElevenToFifteenUnitsAcre
      • Property TypeMulti-Family
      • FoundationRaised, Slab
      • Sewer InformationPublicSewer
      • CountyStanislaus
      • Original List Price$1,150,000
      • MLS #MD24235286
      • MLS #MD24235286
      • Property SubtypeMixedUse
      • Cost1150000
      • Utility SourcePublic
      • Taxes Annual$4,654
      • Acres0.89
      • Year Built1950
      • Stories1
      • Parking Spaces2

Location

Manon SchillerReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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