Description
Investment opportunity: 9-unit income property currently generating $9,350/month with potential to generate approximately $13,000-$14,000/month (7 units rented and 2 units vacant). Property consists of 4x-1BR, 4x-2BR, and 1x-Studio, most on month-to-month terms, allowing flexibility (some currently rented below market rates). All units include AC and appliances, most are furnished. Coin-operated laundry. Separately (sub)metered utilities (except studio), and Wapa water. Solar (86 panels) + Batteries, Off street parkings. Zoned R-1 with grandfathered commercial use. Strong value-add and cash-flow potential in a high-demand rental market. Great potential as a short term rental property as well (Airbnb etc.) in a great location, and 1min drive to Havensight. Property sold as-is.
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13BEDS
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0.4ACRES
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11BATHS
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01/2 BATHS
School Ratings & Info
Description
Investment opportunity: 9-unit income property currently generating $9,350/month with potential to generate approximately $13,000-$14,000/month (7 units rented and 2 units vacant). Property consists of 4x-1BR, 4x-2BR, and 1x-Studio, most on month-to-month terms, allowing flexibility (some currently rented below market rates). All units include AC and appliances, most are furnished. Coin-operated laundry. Separately (sub)metered utilities (except studio), and Wapa water. Solar (86 panels) + Batteries, Off street parkings. Zoned R-1 with grandfathered commercial use. Strong value-add and cash-flow potential in a high-demand rental market. Great potential as a short term rental property as well (Airbnb etc.) in a great location, and 1min drive to Havensight. Property sold as-is.
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