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821 Lombardo AVE Modesto, CA 95351
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Key Details
Sold Price $327,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,554 sqft
Price per Sqft $210
MLS Listing ID CRMC24239118
Sold Date 12/20/24
Bedrooms 3
Full Baths 2
Originating Board California Regional MLS
Year Built 1952
Lot Size 6,252 Sqft
Property Sub-Type Triplex
Property Description
Investor's Dream: High-Yield Tri-Plex Opportunity Unlock the potential of this cash-flowing tri-plex! With three fully rented units generating over $3,500 in monthly income, this property offers a solid return on investment right out of the gate. While the building requires some TLC, the upside is undeniable. Renovations can enhance both property value and rent potential, making it an ideal candidate for a savvy investor ready to add value. Key Highlights: Fully Occupied; Strong Cash Flow; Value-Add Opportunity with future improvements; and a Stable Location: Positioned in a desirable rental market with consistent demand. Seize this chance to grow your portfolio with a high-performing property that rewards both now and in the future. Don't wait opportunities like this don't last!
Location
State CA
County Stanislaus
Interior
Cooling None
Fireplaces Type None
Laundry None
Exterior
Pool None
View None
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Others
Tax ID 038015011000
Special Listing Condition Not Applicable
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Bought with Jose Cibrian