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$399,990

($139,314 down)
FHA

1900 Kenneth Street, Modesto, CA 95351

N/A
N/A
1,546 sqft
PITI Monthly
$1,874.01 /mo

Listing courtesy of: Ricardo Gil Jr, Gil's Real Estate

Assumed Rate

4.63%
7.15%

Principal & Interest

$1,515 /mo
$1,990 /mo

What's Special

INVESTORS
AFFORDABLE
RENTAL INCOME

A rare find in today's market two units for under $400,000! This 1,546 sq ft duplex sits on a corner lot with separate entrances for each unit, offering excellent flexibility for rental income or personal use. The property includes a 2-bedroom, 1-bath unit and a 2-bedroom, 2-bath unit, each with private access. Both units could benefit from updates, allowing buyers to add value and boost equity. Rents are currently below market, presenting strong upside potential for investors willing to make improvements. Ideally located near CA-99 and CA-132, it's a commuter-friendly property that will appeal to a wide range of tenants. Affordable multi-unit opportunities like this are increasingly hard to find don't miss the chance to secure a solid investment with room for growth.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.63
Remaining Loan Term
23 years, 6 months
Monthly PITI
$1,874.01/mo
Estimated Loan Balance
$298,747
Cash to close
$139,314
Interest Paid
$83,798

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 0
  • Bathrooms: 0
Cooling & Heating
  • Cooling: Varies by Unit
  • Heating: Varies by Unit
Features
  • Materials: Frame, Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Tile, Laminate

Exterior

Fencing
  • Fencing:
Roof
  • Roof:
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: In & Connected, Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features:

Construction

Type & Style
  • Stories: 1
  • Home type: Duplex
  • Architectural Style:
Materials
  • Frame, Wood
  • Roof:
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Modesto

Financial Details

  • Price per Sqft: $258.73
  • Tax Annual Amount: $
  • On Market Date: 2025-04-29T01:50:01.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $139,314 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $139,314!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.63% Sellers Rate
$260,676
Your Cash$139,314
Total Purchase Price:$399,990

Assumed vs Traditional Mortgage

Assumed @ 4.63%
$1,515/mo
Traditional @ 7.15%
$2,064/mo
You save $548/month ($6,580/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 225053967

Listing From: MLS Metrolist

Last updated: 2025-05-08T17:30:00.000Z

© , MLS Metrolist. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

4.63%
7.15%

Principal & Interest

$1,515 /mo
$1,990 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $139,314 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $139,314!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.63% Sellers Rate
$260,676
Your Cash$139,314
Total Purchase Price:$399,990

Assumed vs Traditional Mortgage

Assumed @ 4.63%
$1,515/mo
Traditional @ 7.15%
$2,064/mo
You save $548/month ($6,580/year)

*Secondary financing rates are an estimated value based on input

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Alt Group
Agent/Broker
Billy AltAlt Group (702) 250-1090info@altgrouplv.comMLS BS.1001764

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Alt Group are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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