CA > Modesto
Modesto, CA 95351,821 Lombardo AVE
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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040
$ 300,000
Est. payment /mo
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821 Lombardo AVE Modesto, CA 95351

3 Beds

2 Baths

1,554 SqFt

UPDATED:

11/25/2024 07:25 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,554 sqft

Price per Sqft $193

MLS Listing ID MC24239118

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1952

Lot Size 6,250 Sqft

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 wait opportunities like this don't last!

Location

State CA

County Stanislaus

Rooms

Main Level Bedrooms 2

Interior

Interior Features All Bedrooms Down

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Street Lights

View Y/N No

View None

Private Pool No

Building

Lot Description Street Level

Dwelling Type Triplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Modesto City

Others

Senior Community No

Tax ID 038015011000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Renee Ledbetter • Exit Realty Consultants • 209-678-5747

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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821 Lombardo AVE