36 Alan Ct is a 4-unit multifamily property in a prime NON-RENT CONTROL San Pablo location. The property is ideal for value-add investors with potential rental upside of 40% or greater and a pro-forma cap rate of 6.96%. Because it is under 5 units it also qualifies for residential financing allowing for a 30-year fixed loan at historically low interest rates providing significant cash flow long term. The property features all 2 bedroom 1 bathroom units, each with private enclosed balcony, 1 covered and 1 open parking stalls, on-site coin-operated laundry facility, and all units are individually metered for PG&E.
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