Contact agent for inquiries and disclosures. Offer date TBD. ONE VACANT UNIT This newly painted, turn-key investment property is fully occupied and competitively priced at $1,100,000 with a 5.93 Capitalization Rate and a Gross Rent Multiplier of 12.4. 2006 38th Avenue is an inexpensive asset to maintain as the tenants pay for their own Gas, Electric and Water utilities. In addition to a brand new roof, 2006 38th boasts both on-site laundry and on-site parking creating a very convenient and well-located place to live and invest. Located in the Jefferson neighborhood, this property offers an urban/suburban feel and provides an excellent commuter location. Close to BART, 580, parks, restaurants and schools. This investment presents an excellent opportunity for an investor to capitalize on a densely populated area that continues to experience rapid rent growth.
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Listing information last updated on March 30th, 2020 at 11:35am PDT.