821 Lombardo Avenue
$300,000
4
3
1,554
1,554
$193
Description
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...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 waitopportunities like this don't last!
- Listed by Renee Ledbetter • DRE #01488931 • EXIT Realty ConsultantsP: (209)-800-3948 exitwithrenee@gmail.com
Property Details for 821 Lombardo Avenue
Parking Features
Uncovered
ZoningR-2 - Multi-Family, Non-Uniform
LISTING UPDATED: 11/20/2024 01:34 PM
Property Details for 821 Lombardo Avenue
Status | Active |
---|---|
MLS # | 224127722 |
Days on Compass | 2 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1952 |
Lot Size | 0.14 AC / 6,250 SF |
County | Stanislaus County |
Building Information for 821 Lombardo Avenue
Stories1Residences3Year Built1952Building Size-Lot Size0.14 AC / 6,250 SF
Property Information for 821 Lombardo Avenue
Property History for 821 Lombardo Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 821 Lombardo Avenue
Taxable ValueLand$23,562Additions$123,716Total$147,278
Tax Record2024$1,839 ($153 / month)
Home Facts
Baths2Total Finished SqFt834 SqFtAbove Grade Finished SqFt834 SqFtStories1Lot Size6,098 SqFtStyleMulti-Family Dwelling (2-4)Year Built1949CountySTANISLAUSAPN038-015-011-000
Schools near 821 Lombardo Avenue
This home is within Modesto City Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Tuolumne Elementary School PublicK to 8 | ||
Evelyn Hanshaw Middle School Public7 to 8 | ||
Peter Johansen High School Public9 to 12 | ||
Aspire Vanguard College Preparatory Academy Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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