Do Not Disturb Tenants! Property Tours will require NDA and Verifiable Proof of Funds/Ability to Close. Maintained in very good condition with all units receiving updates during ownership. Units are in very good condition with only unit A in need of possible new paint. Originally a triplex it is now four units; two 2-bed 2-bath units, one 1 bed 1 bath unit and a non-conforming 1 bed 1 bath unit. See attached pictures of all units. All units separately metered except for the nonconforming unit. Gross Income Actual: 88,169$ Gross Income PROFORMA: $101,369. Net income Current: $66,156. Current Estimated CAP Rate is 4.74% using very liberal expense estimates. Likely current NOI is higher than estimated.
Bay East ©2019. CCAR ©2019. BridgeMLS ©2019. Information deemed reliable but not guaranteed.
This information is being provided by the Bay East MLS or the CCAR MLS or the EBRDI MLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listing information last updated on January 19th, 2019 at 3:30pm PST.