Overview
About This Listing
Excellent Mixed-Use Investment Opportunity in Modesto! This versatile income-generating property features two residential apartments upstairs and two retail storefronts downstairs, offering multiple income streams. The residential units include a spacious 3-bedroom, 1-bath apartment renting for $1,500 per month and a 2-bedroom, 1-bath apartment renting for $1,200 per month. The two retail spaces were previously leased together for $4,000 per month, providing a combined rental income potential of $6,700 per month ($80,400 annually) based on these rental figures. Recent improvements include a newer roof, approximately two years old, and one fully remodeled retail space. The property also offers convenient open parking for residential tenants, retail tenants, and customers. With its versatile layout, multiple income sources, and recent upgrades, this property presents an excellent opportunity for investors seeking long-term value and income potential.
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512 12th Street, Modesto, CA 95354
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Source:
Listed by: PMZ Real Estate -
Details
$439,500(Negotiable)
2501 Prescott Road, Modesto, CA 95350
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Source:
Listed by: Keystone Properties -
Details
$745,000(Negotiable)
10252 White Rock Road, Rancho Cordova, CA 95670
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Source:
Listed by: Fathom Realty Group, Inc. -
Details
$565,000(Negotiable)
