908 S Madison ST Active

Modesto,CA 95351

$ 699900

- Bed

- Bath

2270 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,270 sqft

Price per Sqft $308

MLS Listing ID 224125144

Year Built 1941

Lot Size 7,000 Sqft

Property Description

Check out this amazing opportunity! Generate 70K in yearly cash flow with the potential to add a fifth unit! This income-producing property is situated in a rapidly developing area just outside downtown, off the central Modesto exit, conveniently located near schools and shopping centers. At the close of escrow, pick up approximately 6K in monthly rent! All tenants are long-term, and each unit has separate utilities, except for water, all within a fenced-in area. This Quadplex consists of two 2-bedroom, 1-bathroom units, and two 1-bedroom, 1-bathroom units. There is also a third building for owner storage, with the potential for additional income opportunities!

Location

State CA

County Stanislaus

Area 20105

Interior

Heating Wall Furnace

Cooling Window Unit(s)

Flooring Varies by Unit

Laundry In Each Unit

Exterior

Garage Off Street

Utilities Available City

Building

Lot Description Corner

Story 1

Foundation Raised

Sewer In & Connected

Water Meter on Site,Public

Schools

Elementary Schools Modesto City

Middle Schools Modesto City

High Schools Modesto City

School District Stanislaus

Others

Special Listing Condition None

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