Presenting a prime investment opportunity in a well-established neighborhood 16 bedrooms 8 bathrooms 1 studio in North/East Modesto. This well-maintained property features eight income-producing units, 8-2-bed/1-bath units and a detached studio for extra income, complete with a common area laundry room. Offering steady returns with long-term tenants. Seller has done continuous upgrades, including new breaker panels, windows throughout, front blinds. The exterior also boasts a fresh coat of exterior paint along with the roof and asphalt. Whether you're a seasoned investor or looking to start your Real Estate portfolio, this complex delivers stable cash flow and great potential for future rent increases. Don't miss out on this rare opportunity to own property in Modesto's strong rental market. All information is deemed reliable but not guaranteed; buyer to verify.
Share Property
Location
720 Brighton Avenue, Modesto, CA 95355
Status
Sold
Property Amenities
Interior
Laundry roomCommon Area
AppliancesFree-Standing Gas Range, Built-In Gas Range
FlooringCarpet, Linoleum
Total Bedrooms:8
Full Bathrooms:4
Area & Lot
Lot Area0.26 Acres
Living area2,600 Sq.Ft.
MLS® ID225093349
Year Built1965
School DistrictStanislaus
Architecture StylesOther
TypeMulti-Family
StatusSold
Exterior
Stories2
Air conditioningWall Unit(s)
Heat typeWall Furnace
Security FeaturesSmoke Detector(s), Fire Alarm, Carbon Monoxide Detector(s)
SewerPublic Sewer
RoofComposition
UtilitiesNatural Gas Available, Cable Available, Natural Gas Connected, Other
Finance
Sales Price$1,100,000
Work with Fonzi
Looking to buy, sell, or just have a question? I'm always available to help and would love to work with you. Call me today to schedule a private showing.