1340 Leonard Avenue, Modesto, CA 95350

$4,250,000
List Price
$4,250,000
Price Change
▼ $238,000 1717568163
MLS#
224044028
Status
ACTIVE
Type
Multifamily

Property Description

** Major Price Improvement ** Dive into this prime investment opportunity with 33 chic one-bedroom, one-bath units nestled on the Western edge of Modesto's sought-after College Area. Just a stone's throw away from Modesto Junior College, this property boasts robust rental income and a track record of consistently high occupancy rates. Elevate your investment portfolio with this lucrative opportunity at 1340 & 1460 Leonard Ave. Witness the transformation with recent capital improvements including ongoing unit upgrades and new roofs on 5 buildings at 1406 Leonard. Maximize your ROI potential and secure your financial future with this prime multi-family property. ** Pro Forma 8% CAP **

Additional Information

Year Built
1965
Sewer
Other
Garage
Other

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Rand Commercial Properties, .

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