Seven units priced at only a 12.9GRM and 6.0% Cap Rate! The building consists of 6 two-bedrooms, and a one-bedroom that is unwarranted, but has approved permits for legalization. The sellers have made many recent improvements, including remodeling of three of the two-bedrooms. Two other two-bedroom units and the one-bedroom will be delivered vacant and ready to be remodeled. Other improvements are new exterior paint, new sewer lateral, and new plumbing. Plans and permits approved for both soft-story and legalization of 7th unit. There is large space at the ground level that can be converted to storage. Units separately metered for gas and electric. Excellent cash-flow and add-value opportunity.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
