416 6th St | Modesto, CA 95354
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- LoopNet Team
416 6th St
Modesto, CA 95354
Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Unit Composition: 14 one-bedroom units, ideal for commuting tenants
- Rental Income Potential: Rents currently 15-20% below market, offering opportunity for increases
- Location: Prime downtown Modesto, close to freeway access
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 6,480 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1950 |
| Zoning | R-3, Modesto | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 6,480 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | R-3, Modesto |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | 462 |
PROPERTY TAXES
| Parcel Number | 103-10-08 | Improvements Assessment | $622,332 |
| Land Assessment | $48,070 | Total Assessment | $670,402 |
PROPERTY TAXES
Parcel Number
103-10-08
Land Assessment
$48,070
Improvements Assessment
$622,332
Total Assessment
$670,402
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