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203 Jones St Modesto CA 95354 Modesto, CA 95354

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Fully occupied, well-maintained multifamily property with potential for additional units.

Type:Multifamily
Property size:
5,348 SF
Added:
May 14, 2025
Days on Market:
327
Last Refresh:
Mar 17 at 1:18 pm

Property Features for 203 Jones St Modesto CA 95354

General Information

Standard status
Active
Size
5,348 SF
Property subtype
Multifamily

Building Details

Year Built
1920

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Listing Contact
Sheree Thiel

Listing agent Sheree Thiel License #02003064

Listing office Sheree Thiel

Listing date May 14, 2025

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Sheree Thiel


Overview

Multifamily Property with Expansion Potential

This multifamily property features updated one-bedroom, one-bath units and is currently fully occupied. The building is reported to be well-maintained and easy to manage. There is potential to build four additional units on the property. The current annual rents total $105,432, with each tenant contributing $50 toward utilities. Rents are currently below market value, with market rents estimated at $1,350.
Location Intelligence

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Location Insight

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City
Modesto
County
Stanislaus
State
California
Longitude
-120.9911294
Latitude
37.6466787

FAQs

What type of property is this?
Apartment building - Fully occupied, well-maintained multifamily property with potential for additional units.
Where is this apartment building located?
The property is located at 203 Jones St Modesto CA 95354 Modesto, CA.
What is the asking price?
The asking price for this property is $1,174,000.
What are key features of this property?
This property features: Owner financing available at 6.25% for 30 years with low down payment ($400) and manageable monthly payments ($4,628.00 on $751,800).; Potential to build 4 additional units on the property.; High annual rental income of $105,432 with tenants contributing to utilities.
More about this property
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