About 1327 Monterey Avenue
Amazing opportunity in an opportunity zone! Best deal in town. Near Gallo winery in Modesto, near shopping and freeway access. Three buildings, 2200, 1836, 2034 SQ. FT., two originally built in 1948, and one built 12 years ago on a .41 lot. 9 total units, 2 units 1 bed 1 bath, 4 studios, one duplex 14 yrs old, and one single family residence with enormous potential. Each building has individual electric and gas meter, but common water meter. Studio units share water heater. Downstairs studios have gas range, up-stair units have electrical range. Cared for with on-site gated parking at least nine spaces with RV or boat access possible. Income stream calculated at $117,900 or even higher estimates possible. Congratulations soon you too will enjoy this smart and rare investment!
Features of 1327 Monterey Avenue
| MLS® # | 223067099 |
|---|---|
| Price | $999,999 |
| Acres | 0.41 |
| Year Built | 1948 |
| Type | Residential Income |
| Sub-Type | 5 or More Units |
| Style | A-Frame, Cabin, Contemporary, Cottage, Vintage |
| Status | Active |
Community Information
| Address | 1327 Monterey Avenue |
|---|---|
| Area | Modesto Downtown & South of Yosemite Blv |
| City | Modesto |
| County | Stanislaus |
| State | CA |
| Zip Code | 95354-4245 |
Amenities
| Parking | Open, RV Storage, Uncovered |
|---|---|
| Has Pool | No |
Interior
| Interior | Carpet, Linoleum, Varies By Unit |
|---|---|
| Appliances | Dishwasher, Microwave, Free Standing Refrigerator |
| Heating | Central, Fireplace Insert, Floor Furnace, Hot Water, Varies by Unit, Wall Furnace |
| Cooling | Central, Window Unit(s), Wall Unit(s), Varies by Unit |
| Fireplace | No |
Exterior
| Lot Description | Corner |
|---|---|
| Roof | Composition |
| Foundation | Raised |
School Information
| Attendance Zone | LA LOMA JUNIOR HIGH SCHOOL, ORVILLE WRIGHT ELEMENTARY SCHOOL, PETER JOHANSEN HIGH SCHOOL |
|---|---|
| District | Stanislaus |
| Elementary | Modesto City |
| Middle | Modesto City |
| High | Modesto City |
Additional Information
| Zoning | R3 |
|---|
Listing Details
| Office | Kathryn Knightsby Real Estate |
|---|
