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821 Lombardo Avenue, Modesto, CA 95351

Triplex

$327,000Sold December 2024

Listing Agent: Renee Ledbetter (DRE #01488931) · Listing Office: Exit Realty Consultants · Contact: 209-678-5747 · Bought with: Jose Cibrian · Exit Realty Consultants · MLS #MC24239118 · Source: CRMLS

3
Bedrooms
2
Bathrooms
1,554
Sq Ft
6,252 sqft
Lot Size
1952
Year Built
Triplex
Type
1
Stories
0
Garage
None
Cooling

About this triplex

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 description from the December 2024 sale, as reported to CRMLS.

Sale history

$327,000
Sold December 2024 · listed $300,000, orig. $30,000, on market November 2024 · MLS #MC24239118 · Source: CRMLS
Listing Agent: Renee Ledbetter · Listing Office: Exit Realty Consultants · Contact: 209-678-5747 · Bought with: Jose Cibrian · Exit Realty Consultants
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