Active
800 Sutter Avenue
Modesto, CA 95351
$3,250,000
- Active
Courtesy of Colliers Parrish Intenational Inc..
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Property Description
We are pleased to present the investment opportunity at Sutter Avenue in Modesto. This portfolio consists of 5 separate fourplexes for a total of 20 units. The portfolio offers a fantastic unit mix of (15) two-bedroom units and (5) three-bedroom units, with nearly 20% upside in market rents. The property is governed by an HOA with assessments of $120/unit each month. The tenant rules greatly benefit ownership by helping to mitigate littering, noise, and clutter. The major services provided by the HOA include landscaping and garage.
Property Details & Features
Property Type
- 5 Or More Units
Schools
- Stanislaus
Listing
- Source: Metrolist
House
- Built in 1967
- 2 Stories
- Stucco
- Frame
Floors
- Tile
- Laminate
- Vinyl
Heating
- Wall Furnace
Home Owner’s Association
- Dues: $2,640
- Payment Schedule: Monthly
Location
- Area: 20105
- County: Stanislaus
Lot
- 0.96 Acres
Property
- 20 Total Leasable Units
Schools
- School County: Stanislaus
- School Name 1: Modesto City
- School Name 2: Modesto City
- School Name 3: Modesto City
This data up-to-date as of August 19, 2022 1:53PM.
