$1,150,000
For Sale

1525 Morgan Road

Modesto, CA 95358
612 sqft | 0.14 acres | #224133361
Browse 2 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

What a great opportunity to invest in a property that has 5 studios, 2 apartment units, and a tire shop! One unit is a two bedroom one bathroom and the second unit is a one-bed one-bathroom. The adjacent parcel has a tire shop and is included in the sale, currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $800/month. The one-bedroom, one-bath is rented for $1,050/month, and the two-bedroom, one-bathroom unit has a monthly rent of $950. Current Gross Annual Income is $102,000. All Units have a separate electricity meter. Tenants pay for electricity, and the landlord pays for water, gas, and trash. Don't miss out!

  • Property Details
      • Parking FeaturesUncovered, Guest Parking Available
      • ZoningMulti Family Dwelling
      • Property Subtype5 or More Units
      • Utility FeaturesCity, Electric
      • Cooling FeaturesWall Unit(s)
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • CountyStanislaus
      • MLS #224133361
      • MLS #224133361
      • Cost1150000
      • Acres0.1435
      • Utility SourcePublic
      • Year Built1960
      • FoundationSlab
      • Square Feet612
      • Stories2
      • Parking Spaces9

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
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Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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