421 14th ST, Modesto, CA 95354
421 14th ST, Modesto, CA 95354
421 14th ST, Modesto, CA 95354
421 14th ST, Modesto, CA 95354
421 14th ST, Modesto, CA 95354
421 14th ST, Modesto, CA 95354
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$ 595,000
Est. payment | /mo

2,791 SqFt


Save
$ 595,000
Est. payment | /mo
Save

2,791 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,791 sqft

Price per Sqft $213

MLS Listing ID 226110252

HOA Y/N No

Year Built 1895

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

The 14th Street Apartments presents a compelling five-unit value-add investment opportunity for both first-time and seasoned multifamily investors. Three of the five units were rebuilt in 2012, while the remaining studio and one-bedroom units are housed in separate standalone structures, offering additional tenant privacy. All units have undergone interior upgrades, and the property features fresh exterior paint, limiting near-term capital expenditure requirements while enhancing overall curb appeal. Additional operational advantages include ample street parking and a private driveway serving two units. With a favorable combination of below-market rents, upgraded units, newer construction, and limited immediate capital needs, the 14th Street Apartments provides an attractive opportunity to acquire a well maintained multifamily asset with identifiable value-add potential.

Location

State CA

County Stanislaus

Area 20108

Direction Traveling north on HWY 99, take Exit 226 onto 6th St. From 6th St, turn right onto G St. Travel on G St for .5 miles and then take a right onto 14th St. Travel on 14th St for .25 miles and the property will be on your left.

Rooms

Other Rooms Unit-1 Approx SqFt: 550 Bedrooms: 1 Full Baths: 1 Total Rooms: 2 Rent: 1050 SqFt Source: Owner

Interior

Heating Wall Furnace

Cooling Wall Unit(s)

Flooring Carpet, Vinyl

Laundry Other

Exterior

Parking Features See Remarks

Utilities Available Cable Connected, Sewer Connected, City, Electric, Natural Gas Connected

Water Access Desc Meter on Site

Total Parking Spaces 5

Building

Lot Description None

Story 1

Foundation Raised

Sewer Public Sewer

Water Meter on Site

Schools

Elementary Schools Modesto City

Middle Schools Modesto City

High Schools Modesto City

School District Stanislaus

Others

Senior Community No

Tax ID 106-018-021

Special Listing Condition None

MetroList® Services, Inc
Listed by Colliers Parrish Intenational Inc.

Schools and Properties Nearby

Ron Benning

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421 14th ST