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114116 Severin Ave

Modesto, CA 95354

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$550,000

2,200 sq ft
  |  
0.16 acre

114116 Severin Ave

Modesto, CA 95354

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Listed On: 10/10/2025
Status: Active
Listing Number: ML82024510 (CRMLS)

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Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Listing Agent: Julie Black, Julie Black, Broker

Rare income property that is now available. Dreamed of becoming a landlord or just want to downsize and have the other unit pay for the mortgage? This Spacious duplex comes with great tenants already in place on both sides, and leases are current. BOTH units have Private yards front and back and the location offers convenient access to amenities. Each unit has two primary bedrooms! This property consistently stays rented, providing strong cash flow, and a solid team available to help make the transition seamless. We can assist you in making the landlord experience smooth and easy while building your portfolio with this investment. Duplexes offer flexible options: you can choose to live in one unit and rent out the other, or keep both sides rented and begin collecting income immediately upon closing. Don't miss this great investment opportunity. Please respect the current tenants and do not bother them, make an apt before going direct.
Property Sub Type
Duplex
Year Built
1953
Year Built Source
Assessor
Special Listing Conditions
Standard
Stories Total
1
Number Of Buildings
1
Price Per Square Foot
$250
Days On Market
89
County Or Parish
Stanislaus
Cooling Y/N
Yes
Heating Y/N
Yes
Heating
Electric, Forced Air
Cooling
Central Air
Roof
Composition
Appliances Y/N
No
Accessibility Features
Parking
Parking Y/N
Yes
Parking Total
2.00
Parking Features
Other
Carport Spaces
2.00
Lot Size Area
6820.0000
Lot Size Units
Square Feet
View Y/N
No
Parcel Number
116003017000
Zoning
res
Association Y/N
No
Insurance Expense
950.00
Gross Scheduled Income
46200.00
Other Income 1
3600.00
Total Expenses
6905.00
Cap Rate
7.14
Tax Annual Amount
5600.00

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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