I, Modesto, CA 95351
- Sqft
- 4,298
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Overview
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
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 4,298
- Lot size (acres)
- 0.19
- Year built
- 1920
Public schools
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Sourced from: MLSListings (California) MLS®#: ML82048970 Last checked: …
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