Listing by: Renee Ledbetter, Exit Realty Consultants, 209-678-5747
3 Beds
2 Baths
1,554 SqFt
Pending
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 wait opportunities like this don't last!
Property Details | ||
|---|---|---|
| Price | $300,000 | |
| Bedrooms | 3 | |
| Full Baths | 2 | |
| Total Baths | 2 | |
| Lot Size Area | 6252 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.1435 | |
| Property Type | Residential | |
| Sub type | Triplex | |
| MLS Sub type | Triplex | |
| Stories | 1 | |
| Exterior Features | Street Lights | |
| Year Built | 1952 | |
| View | None | |
| Lot Description | Level with Street | |
| Laundry Features | None | |
| Pool features | None | |
| Parking Spaces | 0 | |
| Garage spaces | 0 | |
| Association Fee | 0 | |
Geographic Data | ||
| Directions | From 9th Street go East on Lombardo. | |
| County | Stanislaus | |
| Latitude | 37.621881 | |
| Longitude | -120.98237 | |
Address Information | ||
| Address | 821 Lombardo Avenue, Modesto, CA 95351 | |
| Postal Code | 95351 | |
| City | Modesto | |
| State | CA | |
| Country | United States | |
Listing Information | ||
| Listing Office | Exit Realty Consultants | |
| Listing Agent | Renee Ledbetter | |
| Listing Agent Phone | 209-678-5747 | |
| Attribution Contact | 209-678-5747 | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | Standard | |
| Ownership | Community Apartment | |
School Information | ||
| District | Modesto City | |
MLS Information | ||
| Days on market | 1 | |
| MLS Status | Pending | |
| Listing Date | Nov 22, 2024 | |
| Listing Last Modified | Nov 30, 2024 | |
| Tax ID | 038015011000 | |
| MLS # | MC24239118 | |
This information is believed to be accurate, but without any warranty.