$327,000
$300,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
821 Lombardo AVE Modesto, CA 95351
3 Beds
2 Baths
1,554 SqFt
Key Details
Sold Price $327,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,554 sqft
Price per Sqft $210
MLS Listing ID MC24239118
Sold Date 12/20/24
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
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
Financing Conventional
Special Listing Condition Standard
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Bought with Jose Cibrian • Exit Realty Consultants