4 unit East Downtown multi-family with C-3 commercial zoning that abuts the light rail line. Seller carry back an option with 25% down, 7% interest, 30 yr amortization over 2-3 year term. The investment opportunity includes an adobe style duplex in front that is 1066 SF (two 1 bedroom units) combined with two attached single family houses (each 1 bedroom & around 539 SF) in the rear of the lot. Lot size is 6963 SF. Value-add opportunity as the property needs work and has below market rents ($425/each unit). All leases month-to-month. No interior showings without an accepted offer. Buyer to complete and rely upon own due diligence. Expenses and square footage are estimated.
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