Active
1525 Morgan Road
Modesto CA, 95358
$1,150,000
Active
3 Beds
4 Baths
Multi-family
Built in 1960
What a great opportunity to invest in a property that has 5 studios, 2 apartment units, and a tire shop! One unit is a two bedroom one bathroom and the second unit is a one-bed one-bathroom. The adjacent parcel has a tire shop and is included in the sale, currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $800/month. The one-bedroom, one-bath is rented for $1,050/month, and the two-bedroom, one-bathroom unit has a monthly rent of $950. Current Gross Annual Income is $102,000. All Units have a separate electricity meter. Tenants pay for electricity, and the landlord pays for water, gas, and trash. Don't miss out!
224133361
MLSⓇ ID
December 16, 2024
Listed
December 16, 2024
Updated
Map
1525 Morgan Road
Modesto CA, 95358
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
4
Full Bathrooms
4
Interior Features
Tile
Laundry Description
Other
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.14 Acres
Sewer
Public Sewer
School Information
School District
Ceres Unified
Other Property Details
Garage
No
Parking Total
9
View
No
County
Stanislaus
Water Source
Public
Pool
No
Zoning
Multi Family Dwelling
Courtesy of EXIT Realty Consultants, Albert Mejia,
Listing Contact:
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