Bought with Sergio Garcia • EXIT Realty Consultants
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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 ML81971379
Bedrooms 8
Full Baths 4
Year Built 1965
Lot Size 7,000 Sqft
Property Sub-Type Fourplex
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 2613 Chester Drive, with an adjoining green courtyard to 2617 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
Other Rooms Storage
Kitchen Exhaust Fan, Garbage Disposal, Oven Range, Refrigerator
Interior
Heating Wall Furnace
Cooling None
Laundry Hookups Only
Exterior
Exterior Feature Back Yard, Balcony / Patio, Courtyard
Parking Features 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
Others
Special Listing Condition Not Applicable
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