• Boulder Avenue Modesto, CA 95351

  • $499,000
  • 4
    Bed(s)
  • 3
    Baths
  • 2,268
    Sq Ft

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 Type :

Residential

County :

Stanislaus

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 3

Full Baths: 3

Water/Sewer

Sewer: Septic System

Room Information

Kitchen Features : Granite Counter

Interior Features

Roof : Composition

Laundry Features: Other

Roofing Information

Composition

Flooring Information

Tile

Heating & Cooling

Heating: Central

Cooling: Ceiling Fan(s),Central,Window Unit(s)

Water Source: Public

Fireplace

Number of Fireplaces: 0

Fireplace Features: 0

Building Information

Year Built: 1941

Construction: Stucco,Frame,Wood

Roof: Composition

Foundation Details: Slab

Exterior Features

Foundation Details: Slab

Laundry Features

Other

Lot Information

Lot Description: Corner,Landscape Front

Lot Square Feet: 8,886

Stories: 1

Main Square Feet: 2,268

Property Information

Property Type: Residential

Sub Type: 3+ Houses on Lot

SQ ft (Living Area): 2,268

Construction Materials: Stucco,Frame,Wood

Property Age: 83

Cross Street: Boulder Ave

Source Neighborhood: 20106

Postal Code Plus 4: 5419

Area: Modesto S: 95351

Zoning: Multi Family Dwelling

Living Area Source: Assessor Auto-Fill

Structure Type: Attached

Farm Info

Irrigation Source: Meter on Site

Listing Price Information

Listing Id: 223095324

List Price: $499,000

List Price Tot SqFt: $220

Tax Information

Parcel Number: 038-038-041-000

Parking Information

No of Garage Spaces: 5

Other

Homeowners Association Information

Association YN : No

Calculated Total Monthly Association Fees : $0

School Information

Elementary School District: Modesto City

Junior High School District: Modesto City

Senior High School District: Modesto City

Utility Information

Natural Gas Available

Electric: See Remarks

Location Information

Direction: Going South on 99, exit Hatch Rd. Turn right on Hatch Rd. Turn right on Boulder Ave

Homes around $499,000

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
E Hatch Road, Modesto, CA,95351 $514,500 3 2 1,379 --
Colorado Avenue, Modesto, CA,95351 $389,000 3 2 1,222 --
Donald Street, Modesto, CA,95351 $299,999 3 1 792 --
Yosemite Avenue, Modesto, CA,95351 $340,000 2 1 940 --
Moffett Road, Modesto, CA,95351 $499,000 3 2 2,192 --
Kenneth Street, Modesto, CA,95351 $349,999 3 2 1,144 --
Walnut Way, Modesto, CA,95351 $495,000 5 3 2,934 --
Desert Pine Court, Modesto, CA,95351 $419,950 4 2 1,438 --
Hudson Lane, Modesto, CA,95351 $349,999 2 1 925 --
Donald Street, Modesto, CA,95351 $489,000 4 3 2,247 --

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ByOwner last updated this listing 06/17/2024 @ 08:25

MLS: 223095324
LISTED BY: Yusuf Nafey, eXp Realty of California Inc.
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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