Discover an exceptional investment opportunity in Modesto with this recently renovated residential property, offered at a compelling below-market price. Perfectly suited for investors or owner-occupants seeking immediate upside, this offering features a move-in ready single-family home paired with a versatile accessory dwelling unit (ADU). Both units have been thoughtfully updated, presenting a turnkey solution for those looking to capitalize on strong rental demand or multi-generational living. The main residence boasts a functional two-bedroom, two-bath layout, while the detached ADU offers a flexible studio-style living space with its own bathroomideal for maximizing rental income or accommodating extended family. Each unit is designed for comfort and convenience, allowing for seamless occupancy or leasing from day one. The property's configuration provides multiple strategies for value creation, whether through dual rental streams or personal use with supplemental income. Strategically located in Modesto, this property stands out as a rare chance to secure a renovated asset with significant income potential at an attractive entry point. For those seeking to expand their portfolio, there is also an option to acquire an adjacent property, further enhancing scale and flexibility. Don't miss this unique opportunity to unlock value in a dynamic market. Property can be purchased with adjacent property at 1601 El Dorado Ave, Modesto - $199,990 or by itself.
37 days
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469
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12
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Zillow last checked:
Listing updated:
Listed by:
Ricardo GilDRE #01800755209-226-9649,
Gil's Real Estate
Source: MetroList Services of CA,MLS#: 226072488Originating MLS: MetroList Services, Inc.
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Dining room
Features: Other
Kitchen
Features: Other Counter
Heating
None
Cooling
None
Appliances
Laundry: Inside
Features
Flooring: Laminate
Has fireplace: No
Interior area
Total structure area: 0
Total interior livable area: 928 sqft
Property
Parking
Parking features: No Garage
Lot
Size: 5,998 Square Feet
Features: Shape Regular
Details
Parcel number: 056031007000
Zoning: SFR
Special conditions: In Foreclosure
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Wood
Foundation: Raised
Roof: Composition
Condition
Year built: 1948
Utilities & green energy
Electric: See Remarks
Sewer: Septic System
Water: Public
Utilities for property: Electric, Natural Gas Available, See Remarks
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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