821 Lombardo Avenue
Modesto, CA 95351
$270,000.00 (+900%)
Active for $300,000
Beds: 3 Baths: 2 Structure Size: 1,554 sqft Lot Size: 6,252 sqft
MLS | MC24239118 |
Year Built | 1952 |
Property Type | Triplex |
County | Stanislaus |
Status | Active |
Active | $300,000 |
Structure Size | 1,554 sqft |
Lot Size | 6,252 sqft |
Beds | 3 |
Baths | 2 |
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!
Listing information courtesy of: Kris Klair, Exit Realty Consultants 209-668-2525. *Based on information from the Association of REALTORS/Multiple Listing as of 11/24/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.