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Modesto,CA 95354
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS24198072
HOA Y/N No
Lot Size 8,040 Sqft
Acres 0.1846
Property Description
This prime raw land is zoned R3, originally planned for the construction of a detached duplex plus one Accessory Dwelling Unit (ADU). The property boasts an already completed foundation and plumbing for one unit. Estimate for $6000/monthly property income when all 3 unit completed. Situated in a verified California Opportunity Zone, this land offers not only a fantastic investment potential but also tax incentives for development. With overhead power supply already in place, securing a power upgrade for future construction will be streamlined, making this an ideal location for developers looking to maximize their investment. Dont miss the chance to turn this property into a profitable multi-unit housing project!
This prime raw land is zoned R3, originally planned for the construction of a detached duplex plus one Accessory Dwelling Unit (ADU). The property boasts an already completed foundation and plumbing for one unit. Estimate for $6000/monthly property income when all 3 unit completed. Situated in a verified California Opportunity Zone, this land offers not only a fantastic investment potential but also tax incentives for development. With overhead power supply already in place, securing a power upgrade for future construction will be streamlined, making this an ideal location for developers looking to maximize their investment. Dont miss the chance to turn this property into a profitable multi-unit housing project!
Location
State CA
County Stanislaus
Area Modesto (95354)
Building
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $7
Miscellaneous Value in Land
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional