Modesto, CA 95351,821 Lombardo Avenue

$327,000

Est. payment /mo

$300,000

9.0%
Est.Price: ?

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821 Lombardo Avenue Modesto, CA 95351

3 Beds

2 Baths

1,554 SqFt

SOLD DATE : 12/20/2024

Key Details

Sold Price $327,000

Property Type Condo

Sub Type All Other Attached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,554 sqft

Price per Sqft $210

MLS Listing ID MC24239118

Sold Date 12/20/24

Bedrooms 3

Full Baths 2

Year Built 1952

Property Sub-Type All Other Attached

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

Direction From 9th Street go East on Lombardo.

Interior

Fireplace No

Exterior

View Y/N Yes

Water Access Desc Public

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Tax ID 038015011000

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by Renee Ledbetter Exit Realty Consultants
Bought with Jose Cibrian Exit Realty Consultants
Glen Henderson

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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