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Boulder Avenue

Modesto, CA 95351

$499,000 $2,103/Mo

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Overview

Bed

Bath

2,268

Sqft

Description

Welcome to an exceptional investment opportunity in the heart of Modesto. This remarkable property offers a strategic location, impressive financial potential, and a diverse range of possibilities for savvy investors. With 2 parcels of land, 6 buildings, and a total of 7 units, this gem is poised to deliver excellent returns on your investment. There are 1 3-bedroom/2-bathroom unit, 1 2-bedroom/2-bathroom unit, 2 2-bedroom/1-bathroom units, and 3 1-bedroom/1-bathroom units (2 units on the same lot have 1bed/1bath additions without permits, but permits can be pulled with ease). 3 units will be delivered vacant so you can bring them to market rents of $1400-1800, bringing in a total gross of $8000+/monthly and lots of room for growth with yearly increases.

Property Details

Property Type : Residential

Price : $499,000

AD Id : 53164065

MLS Id : 223095324

Beds : 4

Living Area Size : 2,268

Year Built : 1941

County : Stanislaus

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
E Hatch Road, Modesto, CA, 95351	$790,000	7	4	2,814	2,814 SqFt
Colorado Avenue, Modesto, CA, 95351	$589,000	6	6	2,800	2,800 SqFt
River Road, Modesto, CA, 95351	$550,000	6	2	2,340	2,340 SqFt
Vito Avenue, Modesto, CA, 95351	$519,000	5	4	2,039	2,039 SqFt
Rio Grande Avenue, Modesto, CA, 95351	$429,999	3	2	1,650	1,650 SqFt
Marlow Street, Modesto, CA, 95351	$230,000	2	2	936	936 SqFt