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    3612 Mcreynolds Avenue

    Modesto, CA 95357
    • $1,195,000
    • STATUS: Active
    • ON SITE: 32 Days
    • ID#: 221118795
    UPDATED: 48 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 2021-10-19T10:38:33.21. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.raphomes.com/homes/121512130
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    3612 Mcreynolds Avenue Modesto, CA 95357

    • Price: $1,195,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 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 2021-10-19T10:38:33.21. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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    Vacaville CA, 95688