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720 7th St
Modesto, CA 95354
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 1,640 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1938/2012 |
| Building Class | C | ||
| Zoning | TD(Transitional Downtown) | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 1,640 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1938/2012 |
| Zoning | TD(Transitional Downtown) |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Yard
- Lawn
SITE AMENITIES
- Fenced Lot
- Trash Pickup - Curbside
- Storage Space
- Public Transportation
ABOUT 720 7TH ST , MODESTO, CA 95354
Adorable Mediterranean style 4 plex located in the downtown are of Modesto. All units are 1 bed,1 bath, arched archways, units 1&2 have granite counters, tiled shower stalls, tiled kitchen floors & dual pane windows in the bath & kitchen. Shop located behind units (3 car garage), 3 year roof cert. included with the sale. New exterior paint, newer hot water heater, separate meters. Unit # 4 has new carpet. Units 3 &4 have bathtubs instead of shower stalls. Gross Annual Income $30,300. Annual Operating Expenses include: Water, Sewer, Garbage, Insurance, Property Tax, Maintenance Cost = $7,223.46 per year. NOI: $21,562.00 per year. Zoned TD (Transitional Development) with the City of Modesto which is equivalent to C-1 (Neighborhood Commercial). Buyer to contact local municipalities to confirm all zoning and use questions.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 410 |
PROPERTY TAXES
| Parcel Number | 103-03-16 | Improvements Assessment | $306,766 |
| Land Assessment | $50,196 | Total Assessment | $356,962 |
PROPERTY TAXES
