Fantastic opportunity for income producing property with many options available to the next lucky investor. The 1855 Humboldt Ave Compound is comprised of 11 rental units in 4 buildings across 2 adjacent properties. Property is sold fully furnished with brand new appliances and fixtures. Gross monthly rent totals ~$23,000, with a cap rate of 13%. Owner is selling to fund property on West Coast. Unit mix is 1-1bd/1ba, 6-2bd/1ba, 1-2bd/2ba, 1-3bd/2ba 1-5bd/2ba and 1-6bd/2ba. A sizable and modern single family home provides additional options for an on-site owner/investor. 5 min to Downtown! Some units are rented Long-Term, and others rented short term/airbnb. Contact listing agent for specifics on each unit.
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.
