137 Downey AVE new

Modesto,CA 95354

$ 499000

3 Beds

2 Baths

2035 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,035 sqft

Price per Sqft $245

MLS Listing ID 225135718

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1910

Lot Size 6,800 Sqft

Acres 0.1561

Property Sub-Type Single Family Residence

Source MLS Metrolist

Property Description

Welcome to 137 Downey Avenue in the heart of downtown Modesto, California - an exceptional property brimming with investment potential and versatile living options. This spacious home features three bedrooms, two bathrooms, and 2,035 square feet of living space. What truly sets this property apart is its remarkable opportunity for expansion and income generation. According to City of Modesto regulations, this property can accommodate up to four units, making it ideal for creative conversion. Imagine transforming one portion into your primary residence while renting out additional units to generate consistent rental income. The possibilities extend further with the potential to build an Accessory Dwelling Unit (ADU) on top of the existing garage, maximizing earning potential. The location couldn't be more convenient - situated in downtown Modesto, you'll enjoy easy access to top-rated schools, shopping centers, restaurants, and all urban amenities. Whether you're an investor seeking a lucrative opportunity, a homeowner looking for flexibility, or someone who wants to live in one unit while building equity through rentals, this property offers endless possibilities. Don't miss this chance to own a versatile property in a prime location. Call today and be home tomorrow!

Location

State CA

County Stanislaus

Area 20104

Direction Downey On the right

Rooms

Guest Accommodations No

Living Room Other

Dining Room Dining/Family Combo

Interior

Heating Fireplace(s)

Flooring Tile,Wood

Fireplaces Number 1

Laundry In Kitchen

Exterior

Garage Spaces 2.0

Fence Back Yard

Utilities Available Public

Roof Type Composition

Private Pool No

Building

Lot Description Other

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Schools

Elementary Schools Modesto City

Middle Schools Modesto City

High Schools Modesto City

School District Stanislaus

Others

Senior Community No

Tax ID 111-006-056-000

Special Listing Condition None

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