618 J Street
618 J Street Modesto, California 95354 United States

$1,499,900
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RARE OPPORTUNITY! Take advantage of this 9-unit income producing property located in the OPPORTUNITY ZONE. Situated in the downtown area of Modesto, this up-and-coming property is perfectly located for locals and commuters alike with easy access...
$1,499,900
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10,502 Sq Ft.
Interior
.2411 Acres
Exterior
Single Family Homes
Property type
1939
Year Built
222120868
Web Id
222120868
MLS ID
Modesto City High
School District
124
days ago

About 618 J Street

RARE OPPORTUNITY! Take advantage of this 9-unit income producing property located in the OPPORTUNITY ZONE. Situated in the downtown area of Modesto, this up-and-coming property is perfectly located for locals and commuters alike with easy access to Hwy 99, the downtown bus station, and the upcoming ACE Train station. Downtown features many amenities such as the Gallo Center of the Arts, a variety of cultural venues, entertainment, and local restaurants which are all within walking distance or a short drive from the property. The property boasts 7 studio units and 2 1bed/1bath units spread among 3 separate buildings. Seven of the nine units have recently been remodeled (2018/2019). Property is professionally managed. Most units have long term tenants on month-to-month leases offering the new owner revenue growth opportunity. This property rents well and rarely has any vacancies. Along with rent, tenants pay a monthly flat rate for utilities. DO NOT DISTURB tenants.

Listing Courtesy of Janel Hill Realty

features

cooling
Electric, Gas, Heat Pump

PROPERTY INFORMATION

Appliances
Free Standing Gas Range, Gas Water Heater, Disposal, Tankless Water Heater, Varies By Unit, Free Standing Electric Range
Cooling
Window Unit(s)
Heating
Electric, Gas, Heat Pump, Wall Furnace, Varies by Unit
Parking Description
Street, Varies by Unit
Sewer
Public Sewer
Water
Meter on Site, Public

EXTERIOR

Lot Description
Shape Regular
Roofing
Shingle

INTERIOR

Flooring
Carpet, Laminate, Vinyl, Varies by Unit
Listing Courtesy of Janel Hill Realty

METROLIST MLS

Listing Courtesy of Janel Hill Realty
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