Homes for sale - 821 Lombardo AVE, Modesto, CA 95351

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Sarah Stone-Francisco

sarah@stoneluxuryhomes.com +1(530) 802-0239

$ 300,000

Est. payment | -/mo

1,554 SqFt

Save

$ 300,000

Est. payment | -/mo

Save

1,554 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,554 sqft

Price per Sqft $193

MLS Listing ID 224127722

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1952

Lot Size 6,251 Sqft

Acres 0.1435

Property Description

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 waitopportunities like this don't last!

Location

State CA

County Stanislaus

Area 20107

Direction From 9th Street go East on Lombardo.

Interior

Heating Varies by Unit

Cooling Varies by Unit

Flooring Carpet, Tile, Vinyl, Linoleum

Laundry Varies by Unit

Exterior

Parking Features Uncovered

Utilities Available Natural Gas Connected, Electric

Water Access Desc Public

Total Parking Spaces 3

Building

Lot Description Shape Regular

Story 1

Foundation Combination, Raised

Sewer In & Connected

Water Public

Schools

Elementary Schools Modesto City

Middle Schools Modesto City

High Schools Modesto City

School District Stanislaus

Others

Senior Community No

Tax ID 038-015-011-000

Special Listing Condition Offer As Is

Listed by EXIT Realty Consultants

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(530) 802-0239

sarah@stoneluxuryhomes.com

821 Lombardo AVE Modesto, CA 95351