821 Lombardo Avenue

Modesto, CA 95351

$327,000

Sold Price
3

bed Beds

2

shower Baths

1,554 sqft

straighten / sqft

1952

calendar_month Built

Property Description

Investor's Dream: High-Yield Tri-Plex Opportunity Unlock the potential of this cash-flowing tri-plex! With three fully rented units generating over $3,500 in monthly income, this property offers a solid return on investment right out of the gate. While the building requires some TLC, the upside is undeniable. Renovations can enhance both property value and rent potential, making it an ideal candidate for a savvy investor ready to add value. Key Highlights: Fully Occupied; Strong Cash Flow; Value-Add Opportunity with future improvements; and a Stable Location: Positioned in a desirable rental market with consistent demand. Seize this chance to grow your portfolio with a high-performing property that rewards both now and in the future. Don't wait opportunities like this don't last!

Listing Information

Close Price $327,000
Close Date Friday, December 20th, 2024
Status Closed
MLS MC24239118
HOA $0
Type Residential
Subtype Triplex
Year Built 1952
Lot Size 6,252
Structure Size 1,554
DOM 1
Courtesy Of Exit Realty Consultants
Listing Agent Renee Ledbetter DRE#01488931

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Renee Ledbetter, Exit Realty Consultants 209-554-5252. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 20th, 2024 at 10:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.