Listed by Starker West, Inc
$929,000
Arnold Way Duplex
Details
APN 403-220-45-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,667
Net Rentable (SqFt) 1,667
Units 2
Cap Rate 3.10%
NOI $46,800
Occupancy 100%
Pro-Forma Cap Rate 4.10%
Pro-Forma NOI $56,400
Price per SqFt $557
Broker Co-Op Yes
Year Built 1991
Buildings 1
Stories 2
Lot Size (SqFt) 6,743
Zoning R-2:MINOR
Investment Type Stabilized
Sale Condition 1031 exchange
1991 Build Duplex in Alpine CA
Marketing description
1960 Arnold Way presents a rare duplex investment opportunity in the scenic community of Alpine, featuring two spacious 2-bedroom, 2-bathroom units with functional layouts, private backyards, and stackable washer/dryers in both units. The property includes a newer roof and updated windows, along with dedicated off-street parking and a modern footprint on a 6,743-square-foot parcel. Constructed in 1991, this well-maintained property offers strong tenant appeal and minimal deferred maintenance—ideal for an investor or an owner-user looking to occupy one unit and rent the other.
Investment highlights
- Strong Unit Mix- property consists of two 2bed/2bath units with a 1,667 total rentable square feet.
- Newer Construction - 1991 year built
- Recent Upgrades - fully remodeled interiors, newer roof, new windows
- Great Location in Alpine - walking distance to the alpine shopping center
Listing Contacts
Listed by Starker West, Inc
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$46,800.00
$3,900.00/mo
Valuation Metrics
0
DSCR
5.04%
Cap Rate
5.04%
ROI
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