7 1bd/1ba bread n butter units, 100% occupied. Excellent numbers in our hot rental market. 7.7X gross 8.9 cap rate. Yes great numbers! Some upgrading and roofs recently done, property is in solid condition. Over 1/2 acre subdividable. Approved T-map in 1995 for 8 parcel subdivision. Cashflow this land bank until you develop further. Property consists of 3 duplexes and 1 cottage unit. Major development right across the street. Up and coming.
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