What a great opportunity to invest in a property that has 5 studios, 2 apartment units, and a tire shop! One unit is a two bedroom one bathroom and the second unit is a one-bed one-bathroom. The adjacent parcel has a tire shop and is included in the sale, currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $800/month. The one-bedroom, one-bath is rented for $1,050/month, and the two-bedroom, one-bathroom unit has a monthly rent of $950. Current Gross Annual Income is $102,000. All Units have a separate electricity meter. Tenants pay for electricity, and the landlord pays for water, gas, and trash. Don't miss out!
MLS #
ME224133361
MLS Source
MetroList Services, Inc.
Days on Site
2
Appliances
Other
Flooring
Tile
Cooling
Window/Wall Unit
Heating
Wall Furnace
Foundation
Slab
Garage/Parking
Guest / Visitor Parking, Garage: 0 Car(s)
Elementary District
Ceres Unified
High School District
Ceres Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
Multi Family Dwelling
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 7 | – |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 0 | 1 | 1/0 | $1,050 | – | – |
2 | 0 | 2 | 1/0 | $950 | – | – |
3 | 0 | 0 | 1/0 | $800 | – | – |
4 | 0 | 0 | 1/0 | $800 | – | – |
1525 Morgan Rd is a Residential Income in Modesto, CA 95358. This 612 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,150,000 and was built in –.
This address can also be written as 1525 Morgan Rd, Modesto, CA 95358.©2024 MetroList Services, Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 17, 2024. For the most current information, please contact Albert Mejia, (209) 531-3243