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1327 Monterey Avenue Modesto, CA $ 999,999
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1327 Monterey Avenue
$ 999,999
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1327 Monterey Avenue

Modesto, CA, 95354
$ 999,999
Baths0.0

Monthly Estimate*

$ 6,985

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Studio

Multi-Family Home for sale in Modesto, CA

for $999,999. This home was built in 1948 on a lot size of 0.4125.

Newly renovated duplex under section 8 on property, check pictures for beautifully remodeled units. Amazing opportunity in an opportunity zone! Best deal in town. Near Gallo winery in Modesto, near shopping and freeway access. Three buildings, 2200, 1836, 2034 SQ. FT., two originally built in 1948, and one built 12 years ago on a .41 lot. 9 total units, 2 units 1 bed 1 bath, 4 studios, one duplex 14 yrs old, and one single family residence with enormous potential. Each building has individual electric and gas meter, but common water meter. Studio units share water heater. Downstairs studios have gas range, up-stair units have electrical range. Cared for with on-site gated parking at least nine spaces with RV or boat access possible. Income stream calculated at $117,900 or even higher estimates possible. Congratulations soon you too will enjoy this smart and rare investment!

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Multi-Family Active

Price

$ 999,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

A-Frame,Cabin,Contemporary,Cottage,Vintage

Lot Size

0.4125

Year Built

1948

Town/City

Modesto

County/Region

Stanislaus

MLS | Web ID

224006366
Features
General
Sewer In & Connected
Heating Central Fireplace Insert Floor Furnace Wall Furnace Hot Water Varies by Unit
Cooling Central Wall Unit(s) Window Unit(s) Varies by Unit
Utilities Electric
Roof Composition
Appliances Free Standing Refrigerator Microwave Dishwasher
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 501
HOA 0
Garage Spaces 0.0
Architectural Style A-Frame Cabin Contemporary Cottage Vintage
Construction Materials Stucco Wood Siding
Year Built 1948
Electric 220 Volts
Stories 1
Topography Level
Levels One Two
Property SubType 5 or More Units
Elevation 0
County Stanislaus
Property Type ResidentialIncome
HOA / Comm Assn N
Total Rooms 0
Close Price 0.0
Status Active
Directions East on Yosemite Blvd and make a right on S Santa Cruz Ave and then make left on Monterey Ave.
City Modesto
Buyer Agent Compensation 2
High School District Modesto City
Zoning Description R3
Open Parking Spaces 0.0
Total Units 9
MLS Area 20108
Lot Size Square Feet 17969.0
Carport Spaces 0.0
Street Name Monterey
Ok to Lease Written Agreements
Standard Status Active
Middle/Junior School District Modesto City
Elementary School District Modesto City
Year Built Source Assessor Auto-Fill
Buyer Agent Compensation Type Percent
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Interior
Flooring Carpet Linoleum Varies by Unit
Total Stories 2
Furnished Units None
Unit 1 Full Baths 1
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Street Suffix Avenue
Laundry Features In Each Unit Varies by Unit
Unit 1 Bedroom Units Total 2
Unit 2 Bedroom Units Total 2
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Open RV Storage Uncovered
Lot Features Corner
Water Source Public
Total Parking 0.0
Foundation Details Raised
Number of Buildings 3
Lot Size Acres 0.4125
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 1327
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* Excluded Features
List By
Kathryn Knightsby Real Estate

Broker

knightsby@att.net

Email

Affordability Calculator

$6,985
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,985
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193819 Elementary School
3193662 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/23/2024 $999,999 Listed Price

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1327 Monterey Avenue, Modesto, CA, 95354 is a Multi-Family Home for sale at $999,999 with a lot size of 0.4125. 1327 Monterey Avenue is a studio with 0.0 baths and was built in 1948. The property's zip code is 95354 which is in Modesto, CA

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