Basics
- Price per sqft: $299.33
- Category: Residential Income
- Type: Quadruplex
- Status: Active
- Bathrooms: 0
- Floors: 1
- Area: 4009 sq ft
- Lot size: 11300 sq ft
- Year built: 1957
- Year remodeled: Resale
- MLS ID: B26065700
Description
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Description:
Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.
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Location
- Neighborhoods: DORSEY PARK FIRST ADD
Building Details
- Floor covering: Tile, Wood
- Exterior material: CBS Construction, Concrete Block Construction, Stucco
- Roof: Flat Roof With Facade Front, Flat Tile
Amenities & Features
- Features: