Property Details
About this Property
Introducing a fantastic investment opportunity: a 6-unit rental complex with three 2-bedroom, 1-bathroom units, and three 1-bedroom, 1-bathroom units. This property offers a great return on investment and is an ideal option for both seasoned investors and those looking to start or expand their real estate portfolio. The rental complex experiences strong demand for housing, making it a secure long-term investment. With its convenient location, tenants have easy access to amenities, schools, parks, and public transportation, ensuring a high occupancy rate and consistent rental income. Several units have been updated. Additionally, there is an additional structure on the property that could potentially be converted into a 7th unit. New sewer lines were installed on every unit in May 2023, connecting to the city sewer. Each unit has its own electric and gas meter.
MLS Listing Information
MLS #
ME223106788
MLS Source
MetroList Services, Inc.
Interior Features
Flooring
Vinyl
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Composition, Rolled/Hot Mop
Foundation
Brick/Mortar
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
R-3
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 7 | 6 | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 0 | 2 | 1/0 | $1,117 | – | – |
| 2 | 0 | 2 | 1/0 | $1,052 | – | – |
| 3 | 0 | 2 | 1/0 | $1,050 | – | – |
| 4 | 0 | 1 | 1/0 | $1,052 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1385 Canal St is a Residential Income in Modesto, CA 95354. This 3,482 square foot property sits on a 0.459 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $638,000 and was built in 1948. This address can also be written as 1385 Canal St, Modesto, CA 95354.
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This listing information is up-to-date as of February 26, 2025. For the most current information, please contact Colin Hoogendoorn, (209) 815-2887
