Overview
About This Listing
Rare Multi-Family Investment Opportunity sitting on nearly a 1/2 acre with approved plans to build another ADU! Annual rent revenue of over $76,000 per year. Four Income producing rentals across 3 buildings, plus Three detached support structures (Garage, Laundry, Storage). The package includes a standalone renovated 3-Bed/1 Bath unit, a stand alone 2 bed/1 bath and a duplex featuring a 1 bed/1 bath and a 2 bed/1 bath. Recently upgraded property including a new roof. Conveniently located minutes from shopping, grocery, hwy 80 and local schools, this property is well positioned for consistent tenant demand. Efficiently configured for low-complexity management with upside through rent optimization and laundry income. At asking, this asset offers a compelling return with a projected cap rate of over 9% – Ideal for investors and 1031 exchange buyers.
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1818 22nd Street, Oakland, CA 94606
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Source:
Listed by: Dalton Wade, Inc. -
Details
$1,000,000(Negotiable)
311 Fairview Lane, Sonora, CA 95370
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Source:
Listed by: Cosol Commercial Real Estate -
Details
$4,100,000(Negotiable)
5201 Shereen Court, Sacramento, CA 95841
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Source:
Listed by: Waterman Real Estate -
Details
$585,000(Negotiable)
