Listed by Coldwell Banker Commercial BLAIR
$2,375,000
843 Newport
Details
APN 7258010016
Property Type Multifamily
Sub Type Apartment Building
Units 6
Cap Rate 4.26%
Buildings 2
Acreage 0.143
Zoning Assessor
Multifamily | 4.26% CAP | 6 Units
Marketing description
Timeless Spanish Charm with Modern Upgrades PLEASE DO NOT ENTER THE PROPERTY OR CONTACT THE TENANTS WITHOUT AN APPOINTMENT Step into a beautifully upgraded 1928 Spanish-style property that seamlessly blends historic character with contemporary improvements. This well-maintained asset offers strong rental appeal and long-term investment potential. Property Highlights Classic architecture featuring refinished original mahogany doors and moldings Five units with refinished hardwood floors Upgraded kitchens and bathrooms throughout Separately metered gas and electric for all units Two spacious 2-bedroom units (#2 & #4) Remodeled kitchens with microwaves and dishwashers. Unit #2 includes forced-air heating Four 1-bedroom units with updated kitchens with modern finishes All six bathrooms upgraded for improved comfort and appeal Additional Amenities Large on-site laundry room with separate gas and electric meters & Tenant storage lockers. Newer fencing and secure entry gates Property termite treated (2000) Listing Agent is the Owner
Listing Contacts
Listed by Coldwell Banker Commercial BLAIR
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