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3612 Mcreynolds Avenue

Modesto, CA 95357
  • $1,195,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 221118795
UPDATED: 44 min ago
$1,195,000
  • 0
    BEDS
  • 4.78
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Fabulous opportunity to buy a home annexed by the city for residential development. The upside possibilities are endless where you could record a lot line adjustment for your 3,000 sq ft home on a half acre and build up to 20 residential lots/homes on the remaining 4.28 acres! Land value alone is appraised at $219,000 per acre back in 2018-2019. Deduct the half acre for the existing home that's nearly $900,000 of land value alone. Home is open and spacious and would be a wonderful money maker to flip. Home flip value is $335,000. Great potential for profit as an as is sale.

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© 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-12-04T23:38:40.117. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.3steprealtygroup.com/homes/121512130
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3612 Mcreynolds Avenue Modesto, CA 95357

  • Price: $1,195,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 44 min ago
  • MLS #: 221118795
0
Beds
0
Baths
0
½ Baths
4.78
Acres
Neighborhood:
Modesto No of Briggsmore E/McHen
County:
Stanislaus
Area:
Modesto No of Briggsmore E/McHen
Elementary School:
Sylvan Union
Middle School:
Sylvan Union
High School:
Modesto City
School District:
Stanislaus
Property Description
Fabulous opportunity to buy a home annexed by the city for residential development. The upside possibilities are endless where you could record a lot line adjustment for your 3,000 sq ft home on a half acre and build up to 20 residential lots/homes on the remaining 4.28 acres! Land value alone is appraised at $219,000 per acre back in 2018-2019. Deduct the half acre for the existing home that's nearly $900,000 of land value alone. Home is open and spacious and would be a wonderful money maker to flip. Home flip value is $335,000. Great potential for profit as an as is sale.
Exterior Features

Crops None Fencing Other Lot Features Other Road Frontage Type City Street Road Responsibility Public Maintained Road Road Surface Type Paved Soil Other Total Parking Spaces 0 Vegetation Pasture View Description None

Property Features

Additional Living Unit No Association No Association Fee 0 Current Use AgriculturalOther Development Status Other Distance To Electric Electricity To Site Distance To Gas Gas Over 500 Ft Distance To Phone Service Phone To Site Distance To Sewer Sewer Over 500 Ft Distance To Water Public Over 500 Ft Electric Electric Available Elevation 0 Horse Property Yes Horse Property Features Pasture Income Includes See RemarksLease Irrigation District Num Of Lots 0 Parking Fee 0.00 Possible Use ResidentialSingle FamilySubdivision Property Subtype Commercial Acreage Property Type Land Sewer Septic Tank Special Listing Conditions None Utilities Natural Gas Available Water Source Private WellIrrigation District Zoning Subdivision Zoning Description Single-Family

Listing provided courtesy of Berkshire Hathaway Homeservices-Drysdale Properties. Listing information © 2021 MetroList Services, Inc.


© 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-12-04T23:38:40.117. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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3 Step Realty Group
15 W 8th Street, Suite A
Tracy CA, 95376