Independence Realty
Listed by Independence Realty
$685,000
Baseline 9
Details
APN 0140-021-15-0000
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 0.10%
Year Built 1925
Buildings 2
Acreage 0.160
Multifamily | 0.10% CAP | 3 Units
Marketing description
Perfect for living in one unit and renting the others. The main house has 4 bedrooms and is rented for $3,000 per month. The second home is 2 bedrooms and rents for $2,000 per month. The third home is a one bedroom and rents for $1,400 per month. The garage has rented for $400 per month, but is currently vacant and being remodeled into a fourth home with a new roof and windows, etc. The garage could likely rent for more than $400 per month now. There is a huge yard near the garage that has been used for RV parking in the past. An estimated payment is $4,294 per month for this property. If you rent the garage and main house, then add up the other rents, you will make a gross profit of over $2,500 per month!
Listing Contacts
Independence Realty
Listed by Independence Realty
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