Skip to main content

MLS LogoCourtesy of Reed Realty.

$1,100,000

1525 Morgan Road

Modesto , CA 95358

Contact Me to Learn More

Marcus Haney

Marcus Haney

Connecting Sellers and Buyers of Premier Properties

Property Description

This is an excellent investment property that has 5 fully rented studios along with 2 apartment units. One unit is a 2 bedroom 1 bathroom that is currently rented, while the other unit is a 1 bedroom 1 bathroom that is currently resided in by the owner. The units and property have had recent updates to the kitchen, floors and parking lot. Included in the sale is the adjacent tire shop that is currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $750 a month, and the 2 bedroom unit has a monthly rent of $900 a month. Current Gross Annual Income is $85,800

Property Details & Features

Property Type

  • 5 Or More Units

Schools

  • Stanislaus

Listing

  • Source: Metrolist

House

  • Built in 1949
  • Stucco
  • Wood

Floors

  • Tile

Heating

  • None

Location

  • Area: 20106
  • County: Stanislaus

Lot

  • 0.287 Acres

Property

  • 7 Total Leasable Units
  • 5 Studio Units

Schools

  • School County: Stanislaus
  • School Name 1: Ceres Unified
  • School Name 2: Ceres Unified
  • School Name 3: Ceres Unified

This data up-to-date as of August 16, 2022 11:53AM.

Mortgage Calculator

Let’s Talk

You’ve got questions and we want to answer them

We use cookies and tracking technology in connection with your activities on our website. By viewing and using our website, you consent to our use of cookies and tracking technology in accordance with our Privacy Policy.