CA > Modesto
Modesto, CA 95358,1525 Morgan RD
Modesto, CA 95358,1525 Morgan RD
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Steve Gillis

Steve Gillis

HomeSmart ICARE Realty

+1(916) 303-6420
$ 1,150,000
Est. payment | /mo

612 SqFt

Save
$ 1,150,000
Est. payment | /mo
Save

612 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 612 sqft

Price per Sqft $1,879

MLS Listing ID 224133361

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1960

Lot Size 6,251 Sqft

Acres 0.1435

Property Description

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!

Location

State CA

County Stanislaus

Area 20106

Direction From Freeway 99, head West on Hatch Rd. Turn Left on Morgan Rd. At the Stop, turn Right on Morgan Rd. Units are on your Right side.

Interior

Heating Wall Furnace

Cooling Wall Unit(s)

Flooring Tile

Laundry Other

Exterior

Parking Features Uncovered, Guest Parking Available

Utilities Available City, Electric

Water Access Desc Public

Total Parking Spaces 9

Building

Lot Description None

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Ceres Unified

Middle Schools Ceres Unified

High Schools Ceres Unified

School District Stanislaus

Others

Senior Community No

Tax ID 086-001-033-000

Special Listing Condition None

MetroList® Services, Inc (RESO)
Listed by EXIT Realty Consultants
agent-avatar

Helping real estate be simple, fun and stress-free!

+1(916) 303-6420

stevegillis106@gmail.com

1891 East Roseville Pky

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1525 Morgan RD