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Ron Benning

ronbenning@yahoo.com +1(916) 730-3846

$ 599,999

Est. payment | -/mo

1,948 SqFt

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$ 599,999

Est. payment | -/mo

Save Virtual Tour

1,948 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,948 sqft

Price per Sqft $308

MLS Listing ID 226117521

HOA Y/N No

Year Built 1950

Lot Size 0.414 Acres

Acres 0.414

Property Sub-Type Triplex

Source MLS Metrolist

Property Description

A rare opportunity to acquire proven, cash flowing rental properties in the heart of Modesto, California. The Bates Initiative represents a curated collection of duplexes and triplexes positioned in strong, established neighborhoods throughout the city, each delivering consistent rental income with tenants already in place. These are not fixer-upper speculations or value-add gambles. These are performing assets in desirable Modesto locations, benefiting from the Central Valley's sustained rental demand and a tenant base that keeps them occupied and producing. With occupancy rates running near capacity across the portfolio, the income is real and the runway is long. Whether you are an investor looking to plant your first flag in the Central Valley or a seasoned operator ready to scale, the Bates Initiative offers flexibility. Individual properties are available for those looking to start or add strategically, and the full portfolio is available for acquisition by a single buyer looking to move meaningfully into one of California's most resilient rental markets. Modesto's fundamentals continue to support strong rental performance. Growing population, limited housing inventory, and consistent demand from working families make this market a dependable income engine for landlords who know what they are looking at. Opportunities like this, performing, nearly fully occupied, and available individually or as a whole, do not surface often. Inquire for property addresses, rent rolls, and financials.

Location

State CA

County Stanislaus

Area 20104

Direction From E Orangeburg Ave to El Vecino Ave, to El Vecino Ct.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 598 Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 1395 SqFt Source: Owner Unit-2 Type: Apartment Approx SqFt: 900 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1654 SqFt Source: Owner Unit-3 Type: Apartment Approx SqFt: 900 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1495 SqFt Source: Owner

Interior

Heating Central, Wall Furnace, Varies by Unit

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Carpet, Tile, Vinyl, Linoleum, Wood, Varies by Unit

Equipment Dish Antenna, Varies by Unit

Window Features Dual Pane Partial,Window Coverings

Appliance Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Varies By Unit

Laundry Other

Exterior

Parking Features Street, Garage, Varies by Unit

Garage Spaces 3.0

Utilities Available Cable Available, Cable Connected

Water Access Desc Public

Roof Type Composition

Building

Lot Description Sidewalk

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Modesto City

Middle Schools Modesto City

High Schools Modesto City

School District Stanislaus

Others

Senior Community No

Tax ID 112-027-019-000

Special Listing Condition None

Virtual Tour https://ModestoIncomeProperty.com

Listed by PMZ Real Estate

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(916) 730-3846

ronbenning@yahoo.com

Sacramento 95825

Learn More About LPT Realty

1121 El Vecino CT Modesto, CA 95350