Price reduced! Back on market, the subject property consists of two (2) multifamily buildings totaling 9,042 square feet, situated on two separate parcels totaling 9,960 Square Feet, with a total of twelve (12) 1-bed, 1-bath units. Can be sold together or separately. 12.87 GRM and 4.6% Cap on current rents. The spacious and sophisticated renovated units showcase modern design and aesthetic elements, including efficient layouts, stainless steel appliance packages, and upgraded finishes throughout. Due to its desirable location, the property and submarket benefit significantly from very low vacancy, tremendous tenant demand, and premium rental rates.
Courtesy of Grant Chappell with NAI Northern California
Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 7:21 AM UTC, 3/29/23.