821 Lombardo Avenue
Modesto, CA 95351
- 3 beds
- 2 baths
- 1,554 sqft
- 6,252 sqft lot
- $193 per sqft
- 1952 build
- – on site
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!
Listed By CRMLS_CA / Kris Klair / Exit Realty Consultants / 209-678-5747
Last checked:
Checking…
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Last updated Nov 23, 2024
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MLS# MC24239118 —
The Building
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Year Built:1952
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Year Built Source:Seller
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New Construction:No
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Structure Type:Triplex
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Entry Level:1
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Common Walls:2+ Common Walls
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Total Number Of Units:3
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Stories Total:1
Interior
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Levels:One
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Entry Location:front
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Room Type:All Bedrooms Down, Kitchen
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:None
Room Dimensions
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Living Area:1554.00
Location
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Directions:From 9th Street go East on Lombardo.
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Latitude:37.62188100
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Longitude:-120.98237000
The Property
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Property Type:Residential
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Subtype:Triplex
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Lot Features:Level with Street
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Lot Size Area:6252.0000
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Lot Size Acres:0.1435
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Lot Size SqFt:6252.00
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Lot Size Source:Assessor
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View:None
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:23.02
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Tax Lot:11
Beds
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Total Bedrooms:3
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Main Level Bedrooms:2
Baths
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Total Baths:2
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Full & Three Quarter Baths:2
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Main Level Baths:1
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:038015011000
Heating & Cooling
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Cooling:No
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Modesto City
The Community
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Senior Community:No
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Features:Street Lights
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Pool:None
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Private Pool:No
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Association:No
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Assessments:Yes
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Assessments:Unknown
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/22/24
Nov 22, 2024
|
Listed / Active | CRMLS_CA | $300,000 |