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$699,900

  • For Sale
  • Active
  • Multi-Family
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Check out this amazing opportunity! Generate 70K in yearly cash flow with the potential to add a fifth unit! This income-producing property is situated in a rapidly developing area just outside downtown, off the central Modesto exit, conveniently located near schools and shopping centers. At the close of escrow, pick up approximately 6K in monthly rent! All tenants are long-term, and each unit has separate utilities, except for water, all within a fenced-in area. This Quadplex consists of two 2-bedroom, 1-bathroom units, and two 1-bedroom, 1-bathroom units. There is also a third building for owner storage, with the potential for additional income opportunities!

Full Property Details for 908 S Madison St

General

  • Price: $699,900
  • Status: Active
  • Type: Multi-Family
  • Source: METROLIST_Cali
  • MLS ID: 224125144
  • Updated: 11/11/2024
  • Added to Site: 27 day(s) ago

Interior

  • Flooring: Varies by Unit

Rooms

Other Rooms

  • Laundry: In Each Unit

Parking

  • Total Spaces: 4
  • Parking: Off-Street Parking

Location

  • Area: 20105
  • County: Stanislaus
  • Cross Streets: Paradise rd
  • Driving Directions: 908 S Madison

School Information

  • School District: Stanislaus
  • Elem School District: Modesto City
  • Midd School District: Modesto City
  • High School District: Modesto City

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: In & Connected
  • Water: Meter on Site, Public
  • Utility Description: City

Structural Information

  • Construction: Wood
  • Foundation: Raised
  • Stories/Levels: 1
  • Square Feet: 2,270
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 1941

Unit Information

  • Units in Building: 4

Unit 1

  • Bedrooms: 2

Unit 2

  • Bedrooms: 2

Unit 3

  • Bedrooms: 1

Unit 4

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1607
  • Lot Size (Sq. Ft.): 7,000
  • Irrigation System: Meter on Site
  • Zoning: 4-9 Income Units
  • Lot Description: Corner

Financial Considerations

  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Special Conditions: None
  • APN: 102-001-036-000

Listed by Cornerstone Homes

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— 908 S Madison St —

  • Cornerstone Homes

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 908 S Madison St

School Districts:Modesto City Elementary School District, Modesto City High School District
RatingNameGradesDistance
3
Burbank Elementary School, Modesto, CA
1135 Paradise Rd, Modesto, CA 95351
K-61.1 mi
3
Mark Twain Junior High School
707 S Emerald Ave, Modesto, CA 95351
7-80.6 mi
4
Modesto High School
18 H St, Modesto, CA 95351
9-120.2 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 908 S Madison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/11/2024
Listed
$699,900
196.25%
MLS
12/23/2002
Sold
$236,250
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 908 S Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,252
32%
$283,966
32%
2022
$2,456
4%
$215,500
—
2021
$2,356
-3%
$215,500
—
2020
$2,427
—
$215,500
—
2019
$2,419
3%
$215,500
—
2018
$2,349
10%
$215,500
10%
2017
$2,127
10%
$196,000
10%
2016
$1,932
20%
$178,000
20%
2015
$1,609
11%
$148,000
12%
2014
$1,447
25%
$132,500
25%
2013
$1,158
—
$106,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Cornerstone Homes

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908 S Madison Street, Modesto, CA 95351 (MLS# 224125144) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 908 S Madison Street is currently listed for $699,900 and was received on November 11, 2024. Want to learn more about 908 S Madison Street? Do you have questions about finding other Multi-Family real estate for sale in Modesto? You can browse all Modesto real estate or contact a Coldwell Banker agent to request more information.

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