SELLER WILL CARRY A FINANCING WITH $850,000 DOWN!!! We are pleased to present 507 Porter Street--a seven (7) unit multifamily investment opportunity located in prime Glendale. This two story, wood frame stucco building consists of 6,136 SF of living area and is situated on a 7,497 SF lot zoned GLR4. This property features: Four (4) Two Bedroom / Two Bathroom units, Two (2) Two Bedroom / One Bath units, and One (1) Three Bedroom / Two and ~ Bathroom unit. All units have been updated with laminate flooring, updated kitchens, bathrooms with tile flooring, and some granite countertops. The Owner recently installed a brand new automatic security gate for the tenants. Further, the property achieves additional income from an on-site laundry room and provides 14 parking spaces for the tenants. A new owner/investor will benefit from units that are in high rental demand, non-rent controlled, and tremendous rental upside.Call Listing Agents for Details.
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