3004 Mulholland DR new

Modesto,CA 95355

$ 525000

- Bed

- Bath

2085 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,085 sqft

Price per Sqft $251

MLS Listing ID 225062126

Year Built 1978

Lot Size 6,133 Sqft

Property Sub-Type Duplex

Property Description

Duplex Opportunity in Lakewood Park - Modesto, CA Located in the desirable Lakewood Park subdivision of Modesto, this income-generating duplex presents a solid investment opportunity. The property features two spacious units: Unit 3004: 3 bedrooms, 2 bathrooms Unit 3006: 2 bedrooms, 2 bathrooms Each unit includes its own two-car garage, washer/dryer hookups, and fenced backyard. Recent upgrades include new A/C units installed in 2015 and 2021, a roof replacement in 2007, and a newly installed fence for Unit 3004 in 2024. While the property does have some deferred maintenance, it offers excellent long-term tenant stability: Unit 3004 has a tenant in place for 10 years, currently paying $1,300/month. Unit 3006 is a long-term tenant of 30 years under Section 8 housing, with current rent at $1,500/month. This is a great opportunity for investors looking to acquire a well-located duplex with dependable rental income and potential for future value enhancement.

Location

State CA

County Stanislaus

Area 20104

Interior

Heating Central

Cooling Central

Flooring Carpet,Tile,Laminate,Linoleum

Laundry Washer/Dryer Hookups

Exterior

Parking Features Garage

Garage Spaces 2.0

Utilities Available City,Electric

Building

Lot Description Shape Regular

Story 1

Foundation Slab

Sewer In & Connected

Water Meter on Site

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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