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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 #2 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 $3,685 per month, and once fully occupied, the projected annual gross revenue is upwards $60k+, 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.
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Source:
Listed by: Coldwell Banker Realty -
Details
$599,000(Negotiable)
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Source:
Listed by: Brick & Beam Realty -
Details
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Source:
Listed by: Diversified Asset and Property Management -
Details
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