Modesto, CA 95351,821 Lombardo AVE

$327,000

Est. payment /mo

$300,000

9.0%
Est.Price: ?

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821 Lombardo AVE Modesto, CA 95351

3 Beds

2 Baths

1,554 SqFt

SOLD DATE : 12/20/2024

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 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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MLS Listing IDX PLUS
Listed by Renee Ledbetter • Exit Realty Consultants
Bought with Jose Cibrian

Maxwell Dukelow

Agent | License ID: 02113278

+1(408) 508-3200

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