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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
Lot Size 8,040 Sqft
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)
Others
Monthly Total Fees $7
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional