Contact Xavier Gomez
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1238 South Avenue, Modesto, CA 95351
Priced at Only: $1,150,000
For more Information Call
Mobile: 714.478.6676
Address: 1238 South Avenue, Modesto, CA 95351
Property Photos
Property Location and Similar Properties
- MLS#: MD24235286 ( Commercial/Residential )
- Street Address: 1238 South Avenue
- Viewed: 3
- Price: $1,150,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1950
- Bldg sqft: 0
- Days On Market: 42
- Additional Information
- County: STANISLAUS
- City: Modesto
- Zipcode: 95351
- Provided by: Primo Realty
- Contact: Primitivo Primitivo
- DMCA Notice
-
DescriptionThis 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.
Features
Appliances
- Gas & Electric Range
Association Fee
- 0.00
Building Area Total
- 8076.00
Commoninterest
- None
Common Walls
- No Common Walls
Construction Materials
- Stucco
- Wood Siding
Cooling
- Wall/Window Unit(s)
Country
- US
Current Financing
- None
Direction Faces
- North
Electric
- Electricity - On Property
Electric Expense
- 3000.00
Entry Location
- door
Fencing
- Wood
Flooring
- Carpet
- Laminate
- Wood
Foundation Details
- Raised
- Slab
Fuel Expense
- 0.00
Garage Spaces
- 2.00
Have
- none
Heating
- Natural Gas
- Wall Furnace
Insurance Expense
- 7500.00
Laundry Features
- Gas & Electric Dryer Hookup
Lockboxtype
- None
Lot Dimensions Source
- Public Records
Lot Features
- 11-15 Units/Acre
Netoperatingincome
- 70520.00
Newtaxesexpense
- 4700.00
Number Of Buildings
- 10
Number Of Separate Electric Meters
- 10
Number Of Separate Gas Meters
- 10
Number Wallac
- 10
Number With Range
- 10
Parcel Number
- 037039002
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Commercial/Residential
Property Condition
- Fixer
Road Surface Type
- Paved
Roof
- Shingle
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 427404752:CRM
Taxarea
- 80-058
Tenant Pays
- Electricity
- Gas
Totalactualrent
- 97020.00
Totalexpenses
- 26500.00
Trash Expense
- 5000.00
Uncovered Spaces
- 10.00
Utilities
- Electricity Available
- Natural Gas Connected
- Sewer Connected
- Water Connected
Water Sewer Expense
- 6300.00
Water Source
- Public
Year Built
- 1950
Year Built Source
- Public Records
Zoning
- R3 + MFD
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com