Description
The subject property consists of two four-unit buildings on one large 7,500 SF parcel. Both buildings consist of four 1-bedroom, 1-bathroom units. One of the buildings is separately metered for all utilities, including water, while the adjacent 4-unit is master metered for water and hot PGE. Many of the rents are below market and offer substantial rental upside on turn over with an 8% Cap Rate on market rents. At less than 200K/Unit in the Dimond District, opportunities like this rarely come available.
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Listing Agent: Grant Chappell Courtesy of: Nai Northern California Office phone: 510-336-4712 Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, CCAR MLS, or bridgeMLS. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, CCAR MLS, or BridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated: 3rd February, 2023 10:02 AM (UTC)
