908 S Madison ST Pending

Modesto,CA 95351

$ 675000

- Bed

- Bath

2270 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,270 sqft

Price per Sqft $297

MLS Listing ID 225009755

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1941

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Quadruplex

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, surrounded by single-family homes right off the Central Modesto exit, conveniently located near schools and shopping centers. Start Cash flowing Approx. 6k a month in rental income at the close of escrow! 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 with private laundry for each! There is also a third building for owner storage, with the potential for additional income opportunities!

Location

State CA

County Stanislaus

Area 20105

Direction 908 S Madison

Interior

Heating Wall Furnace

Cooling Window Unit(s)

Flooring Varies by Unit

Laundry In Each Unit

Exterior

Parking Features Off Street

Utilities Available City

Water Access Desc Meter on Site,Public

Total Parking Spaces 4

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

Senior Community No

Tax ID 102-001-036-000

Special Listing Condition None

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