Description
Unique opportunity to own a 4 bedroom 2 bath 1750 sq. ft. single family home with a 6 unit apartment building in back. All apartment units are 2/1 and 707 square feet. Units are located on a flag lot that is off the main road and give it the secluded feeling of a private lane. Home and apartments are cute, clean and fully occupied...this investment is turn key ready. Cap rate is 5.19 and GRM is 12.47. Detached 12 x 21 building in back was once rented out as a studio apartment. Extra income can be derived from updating rents, charging tenants for water and trash, updating the detached building for rent or coin laundry room.
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Listing Agent: John Millino
Listing Office: Stokley Properties, Inc.
Attribution contact: 925-658-1415