1525 Morgan Road
Modesto, CA 95358
612 sqft | 0.14 acres | #224133361
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
Legal
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Last Updated: . Source: METROLISTMLS
Listing Courtesy
Listing Agent: Alberto Mejia (#MMEJIALB)
Listing Office: EXIT Realty Consultants (#01ERCN08)
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