Modesto, CA 95350,2617 Chester Drive
$700,000
Est. payment /mo
$749,000
6.5%
Est.Price: ?

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8 Beds
3,588 SqFt
SOLD DATE : 11/12/2024

Key Details

Sold Price $700,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,588 sqft

Price per Sqft $195

MLS Listing ID ML81971379

Sold Date 11/12/24

Bedrooms 8

HOA Y/N No

Year Built 1965

Lot Size 7,000 Sqft

Acres 0.16

Property Description

Here's your rare chance to own a stunning 4-plex rental apartment in Modesto. This property is an incredible investment, with all units featuring 2 bedrooms, a spacious living room, a separate dining room, and an open kitchen layout. Located near stores, hospital, many restaurants, and schools, this property has it all. Boasting a solid starting CAP rate with great potential for increased monthly rents with long-term tenants. It offers easy access to Highway 99 and McHenry Avenue. It's close to Vintage Faire Mall, Costco, Target, and Walmart. For an even more exciting opportunity, the neighboring property at 2613 Chester Drive, with an adjoining green courtyard to 2617 Chester Drive, is also available for separate acquisition. Here's a total of 8 rental units that are excellent additions into your real estate investment portfolio.

Location

State CA

County Stanislaus

Area Listing

Zoning R-QU

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Exterior

Exterior Feature Back Yard

Building

Lot Description Level

New Construction No

Schools

School District Modesto City High

Others

Tax ID 060013042000

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Bridge MLS
Listed by Robert M. Balina • Synergize Realty
Bought with SergioGarcia

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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