814 2nd ST Active Save Request In-Person Tour Request Virtual Tour
Modesto,CA 95351
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $267
MLS Listing ID 225105046
Year Built 1969
Lot Size 7,000 Sqft
Property Sub-Type Quadruplex
Property Description
Prime investment opportunity in Modesto! 814 2nd Street offers four income-producing units with a strong rental history and excellent cash flow potential. Three units are currently occupied by long-term tenants, with Unit #4 vacant and ready for a new tenant at market rent or for an owner-occupant. Each unit features 2 bedrooms and 1 bathroom, offering spacious and functional layouts that appeal to a wide range of renters. The property also includes an extra room for owner storage, adding convenience and functionality. The three leased units are already bringing in $3,480 per month, and once fully occupied, the projected annual gross revenue is upwards $55k+, making this an attractive property for investors seeking stable returns. Designed for low-maintenance management, this property helps maximize net income while minimizing hassle. Conveniently located near shopping, dining, schools, and major highways, it appeals to a wide range of renters. Whether you are a seasoned investor looking to expand your portfolio or a first-time buyer entering the rental market, this turnkey opportunity offers immediate income potential with room to grow. Don't miss your chance to secure a multi-unit property in a rapidly developing rental area of Modesto.
Location
State CA
County Stanislaus
Area 20105
Rooms
Other Rooms Unit-1 Type: Apartment Approx SqFt: 700 Bedrooms: 2 Full Baths: 1 Total Rooms: 3 Occupancy: Tenant Rent: 1140 SqFt Source: Not Measured Unit-2 Type: Apartment Approx SqFt: 700 Bedrooms: 2 Full Baths: 1 Total Rooms: 3 Occupancy: Vacant SqFt Source: Not Measured Unit-3 Type: Apartment Approx SqFt: 700 Bedrooms: 2 Full Baths: 1 Total Rooms: 3 Occupancy: Tenant Rent: 1200 SqFt Source: Not Measured Unit-4 Type: Apartment Approx SqFt: 700 Bedrooms: 2 Full Baths: 1 Total Rooms: 3 Occupancy: Vacant SqFt Source: Not Measured
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Carpet,Laminate,Linoleum
Laundry Other
Exterior
Parking Features Off Street
Utilities Available City,Sewer In & Connected
Roof Type Composition
Building
Lot Description Shape Regular,Sidewalk
Story 2
Foundation Slab
Sewer Public Sewer
Water Water District,Public
Schools
Elementary Schools Modesto City
Middle Schools Modesto City
High Schools Modesto City
School District Stanislaus
Others
Special Listing Condition Trust