Description
Fully rented two 4-plexes with over 145K in annual rental income. 5.0 Cap rate. Each unit is 2 bed/1 bath. Huge half-acre lot with the possibility to add more units with access from Traction Ave. 7 out of 8 units are completely remodeled with new luxury vinyl plank flooring, new doors, new appliances, new paint, remodeled bathroom. All new exterior paint. The roof has been replaced in 2012. All units have dual pane windows. The property is completely gated. 16 parking spaces. Close to downtown, parks, schools, and shopping.
-
0BEDS
-
0.52ACRES
-
0BATHS
-
01/2 BATHS
-
7,136SQFT
-
$223$/SQFT
School Ratings & Info
Description
Fully rented two 4-plexes with over 145K in annual rental income. 5.0 Cap rate. Each unit is 2 bed/1 bath. Huge half-acre lot with the possibility to add more units with access from Traction Ave. 7 out of 8 units are completely remodeled with new luxury vinyl plank flooring, new doors, new appliances, new paint, remodeled bathroom. All new exterior paint. The roof has been replaced in 2012. All units have dual pane windows. The property is completely gated. 16 parking spaces. Close to downtown, parks, schools, and shopping.
Bay East ©2025. CCAR ©2025. bridgeMLS ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or 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. Data last updated at 2025-06-12T13:38:20.397.
Listing courtesy of Alexey Blokhin of Real E-State: .