908 S Madison Street
Modesto, CA 95351
2270 sqft | 0.16 acres | #224125144
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, off the central Modesto exit, conveniently located near schools and shopping centers. At the close of escrow, pick up approximately 6K in monthly rent! 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. There is also a third building for owner storage, with the potential for additional income opportunities!
Property Details
- Utility SourceMeter on Site, Public
- Zoning4-9 Income Units
- Cooling FeaturesWindow Unit(s)
- Sewer InformationIn & Connected
- Property TypeMulti-Family
- Parking FeaturesOff Street
- CountyStanislaus
- Property SubtypeQuadruplex
- MLS #224125144
- MLS #224125144
- Lot DescriptionCorner
- Acres0.1607
- FoundationRaised
- Cost699900
- Square Feet2270
- Year Built1941
- Utility FeaturesCity
- Stories1
- Parking Spaces4
Location
Legal
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Last Updated: . Source: METROLISTMLS
Listing Courtesy
Listing Agent: Johnny J Flores (#MFLOREJO)
Listing Office: Cornerstone Homes (#01CERE)
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.