2601 Chester Dr - Apartments FOR SALE


Modesto, CA 95350- Northwest Modesto
$799,900 USD
209-556-8459
2601 Chester Dr, Modesto, CA for Sale
$799,900 USD
Apartments - FOR SALE
1/10
null | 5.56% Cap Rate

2601 Chester Dr
Modesto, CA 95350
Northwest Modesto


HIGHLIGHTS

  • Great Location
  • Good Up-Side Potential

OVERVIEW

Excellent Investment Opportunity - 4-Plex in Prime Modesto Location. Welcome to 2601 Chester Dr., a well-maintained fourplex offering rental income and long-term tenants in a desirable Modesto neighborhood. With a total of approximately 3,709 sq. ft., this property includes one spacious 3-bedroom, 1.5-bath unit perfect as an owner's unit and three 2-bedroom, 1-bath units. All units were updated approx. 14 years ago and are in VERY good condition. All units have central heat and air. Conveniently located just minutes from Highway 99, this property is ideal for commuters and consistently maintains near 100% occupancy. Tenants appreciate the quiet, established neighborhood and close proximity to schools, shopping, and public transportation. Whether you're a seasoned investor or looking to start your real estate portfolio, this multi-family property delivers stable cash flow and great potential for future rent increases. Don't miss out on this rare opportunity to own a high-performing asset in one of Modesto's strongest rental markets.

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$216 USD /SF

# OF UNITS

4

PRICE/UNIT

$199,975

CAP RATE

5.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,500 SF

ZONING

-

APN/PARCEL ID

060-13-38

ASK ABOUT THIS PROPERTY

Eric HummelEric Hummel - HomeSmartMore Info
209-556-8459

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Eric HummelEric Hummel - HomeSmartMore Info
209-556-8459

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.