721 Erickson AveModesto, CA 95351

This exceptional investment property located at 721 Erickson Avenue, Modesto, CA, presents a compelling opportunity for savvy investors. The property encompasses five individual units, each boasting a one-bedroom, one-bathroom layout. Each unit is complete with a kitchen, living area, bedroom, laundry area, and a private backyard patio, offering tenants comfortable and private living spaces. The combined monthly rental income currently stands at $4,490, generating a substantial annual net operating income. The property sits on a 0.21-acre lot and offers ample parking for residents and guests. Recent upgrades include a newer roof, fencing, and septic system, minimizing immediate maintenance concerns and ensuring long-term value. The total square footage of the property is 2,200 square feet, providing a solid foundation for a strong return on investment. The property's current occupancy and stable rental income stream make it an attractive proposition for investors seeking a reliable and profitable addition to their portfolio. The solid tenant base ensures consistent cash flow, minimizing vacancy risks. This turnkey investment is ready for immediate ownership and offers a rare opportunity to acquire a well-maintained multifamily property in a desirable Modesto location. The combination of attractive rental income, recent upgrades, and ample parking makes this a truly exceptional investment opportunity.