Description
This magnificent property is incredibly spacious, featuring nearly 2,800 square feet of living space situated on a lot exceeding a quarter of an acre. The property has been completely remodeled and even includes solar panels to help offset high energy costs. With a fantastic monthly rental income of $4,000, this property is an exceptional investment opportunity. The property can be bought individually or as part of a package deal along with other listings in the portfolio. The sellers are willing to offer a discount for the purchase of the entire portfolio. With a net operating income of $412,668, the cap rate for this property is impressive. The properties have been well-maintained and were completely remodeled with high-quality materials, minimizing the need for maintenance. Furthermore, the leases come with double to triple deposits, providing an added advantage. The rental history is excellent with very few vacancies. There is also an opportunity to increase the value of the portfolio through the addition of ADUs. The portfolio includes MLS #s 223021624, 223020935, 223020889, 2230200949, 223020926, 223020910, 223021624
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3BEDS
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0.36ACRES
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3BATHS
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01/2 BATHS
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2,792SQFT
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$258$/SQFT
School Information
Description
This magnificent property is incredibly spacious, featuring nearly 2,800 square feet of living space situated on a lot exceeding a quarter of an acre. The property has been completely remodeled and even includes solar panels to help offset high energy costs. With a fantastic monthly rental income of $4,000, this property is an exceptional investment opportunity. The property can be bought individually or as part of a package deal along with other listings in the portfolio. The sellers are willing to offer a discount for the purchase of the entire portfolio. With a net operating income of $412,668, the cap rate for this property is impressive. The properties have been well-maintained and were completely remodeled with high-quality materials, minimizing the need for maintenance. Furthermore, the leases come with double to triple deposits, providing an added advantage. The rental history is excellent with very few vacancies. There is also an opportunity to increase the value of the portfolio through the addition of ADUs. The portfolio includes MLS #s 223021624, 223020935, 223020889, 2230200949, 223020926, 223020910, 223021624
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