814 2nd ST new Save Request In-Person Tour Request Virtual Tour
Modesto,CA 95351
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $267
MLS Listing ID 225105046
Year Built 1969
Lot Size 7,000 Sqft
Property Sub-Type Quadruplex
Property Description
Prime investment opportunity in Modesto! 814 2nd Street offers four income-producing units with a strong rental history and excellent cash flow potential. Three units are currently occupied by long-term tenants, with Unit #4 vacant and ready for a new tenant at market rent or for an owner-occupant. Each unit features 2 bedrooms and 1 bathroom, offering spacious and functional layouts that appeal to a wide range of renters. The property also includes an extra room for owner storage, adding convenience and functionality. The three leased units are already bringing in $3,480 per month, and once fully occupied, the projected annual gross revenue is upwards $55k+, making this an attractive property for investors seeking stable returns. Designed for low-maintenance management, this property helps maximize net income while minimizing hassle. Conveniently located near shopping, dining, schools, and major highways, it appeals to a wide range of renters. Whether you are a seasoned investor looking to expand your portfolio or a first-time buyer entering the rental market, this turnkey opportunity offers immediate income potential with room to grow. Don't miss your chance to secure a multi-unit property in a rapidly developing rental area of Modesto.
Location
State CA
County Stanislaus
Area 20105
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Carpet,Laminate,Linoleum
Laundry Other
Exterior
Parking Features Off Street
Utilities Available City
Roof Type Composition
Building
Lot Description Shape Regular,Sidewalk
Story 2
Foundation Slab
Sewer In & Connected
Water Water District,Public
Schools
Elementary Schools Modesto City
Middle Schools Modesto City
High Schools Modesto City
School District Stanislaus
Others
Special Listing Condition Trust