1525 Morgan Road Unit 1525 Modesto, CA 95358

What a great opportunity to invest in a property that has 5 studios, 2 apartment units, and a tire shop! One unit is a two bedroom one bathroom and the second unit is a one-bed one-bathroom. The adjacent parcel has a tire shop and is included in the sale, currently leased for $2500 a month (APN 086-...001-033-000). The studios are each rented for $800/month. The one-bedroom, one-bath is rented for $1,050/month, and the two-bedroom, one-bathroom unit has a monthly rent of $950. Current Gross Annual Income is $102,000. All Units have a separate electricity meter. Tenants pay for electricity, and the landlord pays for water, gas, and trash. Don't miss out! Continue reading