| Type: | Multifamily Duplex/Triplex/Fourplex |
| No. Units: | 2 |
| Building Size: | 2,800 SF |
| Lot Size: | 8,064 SF |
| Occupancy: | 100.00% |
| Price: | $320,000 |
| Price/Unit: | $160,000 |
| Cap Rate: | 6.00% |
| Year Built: | 1919 |
Property Description:
TWO LEVEL HISTORIC HOME WITH 5 BEDROOM FRONT HOUSE 2 BATH. STUDIO BACK HOUSE WITH FULL BATH TOTALING 6 BEDROOMS 3 BATH. NEW FLOORS, CABINETS, COMMERCIAL ATTIC FAN, LIGHT FIXTURES, LAWN, SPRINKLERS. TENANTS PAY ALL UTILITIES. TWO CAR BLOCK WALL GARAGE WITH INDUSTRIAL DOOR HEIGHT. CURRENT TENANTS $3400 mo. Elevation 1500' with Mountain View. Back unit attached to garage; garage built 1965 permitted, it has it's own address and electric meter. GREAT rental area with great frontage. Master bedroom was 2 bedrooms which could be converted back to make this a 7 bedroom home. Perfect for a sober living home for possible of $6720 per month. Subject to short sale approval by lender.
Parking Ratio:5 / 1,000 SF
$2500 MO FRONT HOUSE $600 MO BACK HOUSE
PRICE RANGE $539,000 - $575,000 APPRAISED AT $575,000
| Financial Summary | Actual |
| Year: | 2007 |
| Scheduled Gross Income: | $37,200 |
| Operating Expenses: | $780 |
| Net Operating Income: | $36,420 |
Unit Mix Information No Unit Mix Information Provided
No Debt & Equity Information Provided
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