Overview
About This Listing
RARE OPPORTUNITY! Take advantage of this 9-unit income producing property located in the OPPORTUNITY ZONE. Situated in the downtown area of Modesto, this up-and-coming property is perfectly located for locals and commuters alike with easy access to Hwy 99, the downtown bus station, and the upcoming ACE Train station. A new, beautiful housing and business complex is being built across the street bringing improvements to the whole neighborhood. Downtown features many amenities such as the Gallo Center of the Arts, a variety of cultural venues, entertainment, and local restaurants which are all within walking distance or a short drive from the property. The property boasts 7 studio units and 2 1bed/1bath units spread among 3 separate buildings. All nine units have recently been remodeled (between 2018-2025). Property is professionally managed. Most units have long term tenants on month-to-month leases offering the new owner revenue growth opportunity. This property rents well and rarely has any vacancies. Along with rent, tenants pay a monthly flat rate for utilities. DO NOT DISTURB tenants.
Map Location
Walk Score
Contact Agent
Request a Tour
809 21st Street, Sacramento, CA 95811
-
Source:
Listed by: North Coast Commercial, Inc. -
Details
$849,000(Negotiable)
420 5th Avenue, Oakdale, CA 95361
-
Source:
Listed by: Lifestyle Realty -
Details
$449,900(Negotiable)
3226 W Street, Sacramento, CA 95817
-
Source:
Listed by: Windermere Signature Properties El Dorado Hills/Folsom -
Details
$945,000(Negotiable)
