• School Avenue Modesto, CA 95351

  • $415,000

  • Bed(s)
  • 0
    Baths
  • 0
    Sq Ft

Welcome to M&T Mobile Home Park, a rare investment opportunity in the city of Modesto, California. This property offers immense rental upside. Four of the six spaces are occupied by park-owned. Two units are vacant and prepared for market rate occupancy. An additional space is vacant and ready for a trailer to be added to the property. There's a clear path for a new owner to generate a pro forma 8%+ cap rate.

Property Type :

ResidentialIncome

County :

Stanislaus

Style :

ResidentialIncome

Sell a home like this and save $24,401 Find Out How

Property Details

 

Water/Sewer

Sewer: Public Sewer

Interior Features

Laundry Features: Varies by Unit,Washer/Dryer Hookups

Flooring Information

Carpet,Laminate,Linoleum,Varies by Unit

Heating & Cooling

Heating: Wall Furnace

Cooling: Wall Unit(s)

Water Source: Public

Building Information

Year Built: 1976

Stories: 1

Construction: Metal Siding,Modular

Foundation Details: None

Exterior Features

Foundation Details: None

Laundry Features

Varies by Unit,Washer/Dryer Hookups

Lot Information

Lot Description: Sidewalk

Lot Square Feet: 12,632

Stories: 1

Property Information

Property Type: ResidentialIncome

Sub Type: Other

Construction Materials: Metal Siding,Modular

Property Age: 48

Cross Street: Crows Landing

Source Neighborhood: 20106

Postal Code Plus 4: 7318

Area: Modesto S: 95351

Zoning: R1

Structure Type: House(s)

Farm Info

Irrigation Source: None

Listing Price Information

Listing Id: 223083853

List Price: $415,000

Tax Information

Parcel Number: 038-029-076

Parking Information

Parking Total: 6

Varies by Unit

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

City

Location Information

Direction: Exit 99 at Crows Landing and head south. Turn Left on School Ave.

Homes around $415,000

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 --

Similar Homes To School Avenue

ByOwner last updated this listing 06/17/2024 @ 11:25

MLS: 223083853
LISTED BY: Jacob Friedrich, Cosol Commercial Real Estate
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.

More Cities with for Sale by Owner Homes

Selling? Save $24,401 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion