333 W 9Th St

Description

This offering commands a strong location mid-way between Tracy Blvd. and North Center, walking distance to light rail that provides an easy commute for tenants to major nearby Bay Area Job Centers and tech employment. Owned and operated for 28-years by the current owner, the property is well kept, with many long-term tenants, and significant rental upside. The owner self-manages the property, together with a resident on-site manager and carefully selects quality tenants. The property is constructed with wood frame, and stucco siding with a flat roof and per property records shows as constructed Circa. 1930. . The owner has upgraded the plumbing and building electrical including new main and sub-panels for optimal insurance rates. Further upgrades include double paned windows and interior renovations upon turnover. The unit mix consists of twelve studio units, and four one-bedroom/one bath units. Unit interiors feature primarily hardwood floors, renovated bathrooms, with three-piece-drop in tub enclosures. Heating is via. electric wall units, with tenant paying electric bills, which ensures low, stable expenses for the owner. The complex features 16-car open parking and sits on a superior 0.26-acre parcel. All units are separately metered for electricity and gas.