Homes for sale - 1238 South AVE, Modesto, CA 95351

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$1,150,000

Est. payment - /mo

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0.89 Acres Lot

Active

1238 South AVE Modesto, CA 95351

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Jeff Underdahl

jeff@jeffunderdahl.com +1(760) 271-8772

UPDATED:

12/10/2024 08:24 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MD24235286

Construction Status Fixer

HOA Y/N No

Year Built 1950

Annual Tax Amount $4,654

Lot Size 0.890 Acres

Lot Dimensions Public Records

Property Description

This property is a rare multi-unit investment opportunity with great potential! Offering 12 rental units, each with unique layouts, laundry hook-ups in units and plenty of parking spaces. Walking distance to Modesto High School, James Marshall Elementary School, stores, parks, and public transportation. While the property requires repairs and renovations, it's brimming with character featuring seven 1Bed/1Bath, three 2Beds/1Bath and a total of 10 separate buildings. Ideal for investors or buyers looking to customize and add value, this property has strong potential for rental income or a profitable flip. With structural upgrades and cosmetic updates, it could quickly transform into a sought after rental investment.

Location

State CA

County Stanislaus

Area 699 - Not Defined

Zoning R3 + MFD

Interior

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Wood

Fireplace No

Appliance Electric Range, Gas Range

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Urban

Utilities Available Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 12

Private Pool No

Building

Lot Description 11-15 Units/Acre

Faces North

Story 1

Foundation Raised, Slab

Sewer Public Sewer

Water Public

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 037039002

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Primitivo Nuno • Primo Realty • 559-706-4848

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772