NOT LISTED FOR SALE
4 Beds
4 Baths
5,348 Sq Ft
0.27 Acres

Last Sold November 27, 2024

Last sale price $1,072,000 $200 Per Sq Ft

11 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Balcony
  • Wood Flooring
  • No HOA
  • Double Pane Windows

About This Home

As of November 2024

INVESTMENT OPPORTUNITY KNOCKS! Hard to find 8 unit apartment complex in the heart of Modesto. One block from shopping, restaurants, park, laundry facilities, theater and more. Well maintained interior and exterior.Long term tenants. Most units have been recently updated in the past 5 years. Professionally managed and would like to continue managing.

Last Agent to Sell the Property

Dennis Lilly

Berkshire Hathaway HomeServices-Drysdale Properties License #00999246 Listed on: 10/28/2024

Berkshire Hathaway HomeServices-Drysdale Properties

Co-Listed By

Cindy Fraze

Berkshire Hathaway HomeServices-Drysdale Properties License #01362128

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Corner Lot

Parking

  • 8 Car Garage
  • Side by Side Parking
  • 8 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,348 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Free-Standing Electric Oven

Flooring

  • Wood
  • Laminate
  • Tile

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Separate Meters
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 111-007-036-000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Units Leased Month-To-Month
  • Net Lease
  • Insurance Expense $13,545
  • Other Expense $210
  • Professional Management Expense $6,220

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1920
  • Architectural Style: Colonial
  • Levels: Two
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Free Standing Electric Oven, See Remarks
  • Flooring: Tile, Laminate, Wood
  • Price Per Square Foot: 200.45
  • Square Footage: 5348.00
  • Window Features: Dual Pane Partial, Window Coverings

Exterior Features

  • Construction Materials: Frame, Wood
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1072000.00
  • Lot Features: Corner, Curbs/Gutters, Landscape Front, Other
  • New Construction: No
  • Patio And Porch Features: Balcony/Deck
  • Pool: No
  • Property Condition: Varies by Unit
  • Roof: Composition, Tar/Gravel, Other
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Open Parking Spaces: 8.00
  • Garage Spaces: 8.00
  • Parking Features: Open, Side-by-Side
  • Total Parking Spaces: 8.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector, Security Lights
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Cable Connected, Dish Antenna, Electric
  • Cooling: Ceiling Fan(s), Window Unit(s), Heat Pump
  • Electric: 220 Volts
  • Heating: Gas, Heat Pump, Other
  • Laundry Features: Other
  • Water Source: Water District
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning: Apartments
  • Irrigation: None
  • Lot Size Acres: 0.2650
  • Lot Size Sq Ft: 11543.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Section8: 1
  • Insurance Expense: 13545
  • Number of Leased Units: 8
  • Number of Month to Month Units: 8
  • Number of Units: 8
  • Units Furnished: None
  • Total Number Owner Occupied: 8

Tax Info

  • Assessor Parcel Number: 111-007-036-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $1,072,000 0.0% $200 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $1,072,000 -- $200 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224120621

MetroList