2617 Chester Drive

Modesto, CA 95350

PRICE REDUCED

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-$76,000 (-9.21%)

$749,000

List Price

N/A

bed Beds

shower Baths

3,588 sqft

straighten / sqft

1965

calendar_month Built

Property Description

Here's your rare chance to own a stunning 4-plex rental apartment in Modesto. This property is an incredible investment, with all units featuring 2 bedrooms, a spacious living room, a separate dining room, and an open kitchen layout. Located near stores, hospital, many restaurants, and schools, this property has it all. Boasting a solid starting CAP rate with great potential for increased monthly rents with long-term tenants. It offers easy access to Highway 99 and McHenry Avenue. It's close to Vintage Faire Mall, Costco, Target, and Walmart. For an even more exciting opportunity, the neighboring property at 2613 Chester Drive, with an adjoining green courtyard to 2617 Chester Drive, is also available for separate acquisition. Here's a total of 8 rental units that are excellent additions into your real estate investment portfolio.

Listing Information

List Price $749,000
Status Active
MLS ML81971379
Type Residential Income
Subtype Quadruplex
Year Built 1965
Lot Size 7,000
Structure Size 3,588
DOM 80
Courtesy Of Synergize Realty
Listing Agent Robert M. Balina DRE#01263881

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Robert M. Balina, Synergize Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 16th, 2024 at 9:27 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.