14
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$1,325,000
Est. payment /mo
8,206 Sqft Lot
Active
101107 I ST Modesto, CA 95351
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82048970
HOA Y/N No
Year Built 1920
Annual Tax Amount $15,496
Lot Size 8,206 Sqft
Property Description
101 I St, 107 I St, and 510 S Washington St present a unique opportunity to acquire a three-parcel multifamily portfolio totaling eight units in the established downtown Modesto neighborhood. The property consists of four separate residential buildings situated on individual parcels, offering investors the flexibility of separate financing, resale, or long-term hold strategies. The portfolio features a mix of six one-bedroom/one-bath units and two two-bedroom/one-bath units, appealing to a broad tenant base seeking affordable housing in close proximity to employment, retail, and transit options in downtown Modesto. Each building sits on its own legal parcel, with one parcel featuring a detached ADU, allowing for future disposition flexibility and potential value-add opportunities through operational improvements and market rent growth.
Location
State CA
County Stanislaus
Area 699 - Not Defined
Zoning R3
Interior
Fireplace No
Exterior
Roof Type Shingle
Building
Water Public
Schools
School District Other
Others
Tax ID 104027003000
Special Listing Condition Standard
Listed by Theodore Wong Compass #02016737
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