COMING SOON********************
First time on the market in 50 years. Yes, 1975 was the last time this gorgeous, extremely well-maintained building, sold. Very rarely does a building like this come on the market in this neighborhood.
This gem consists of 6, very spacious units. There are two, 2-bedrooms, 1 bath units, each with a fireplace and four 1-bedroom units. Each unit is separately metered for gas and electricity with main panels and sub-panels updated since original construction.
There is common area laundry room with machines owned by the owner. Additionally, there are 6 assigned carport spaces. Less than a block from all major shopping and restaurants.
All offers are subject to interior inspection with no loan or appraisal contingencies anticipated.
This is a drive-by only. Please do not walk onto the property as the tenants are unaware of the sale. Elderly owner may not be providing a Property Information Sheet or CAR, CPSPQ.
The current rents are as follows:
1) 1 bdrm, 1 bth $1,575
2) 1 bdrm, 1 bth $1,800
3) 2 bdrm, 1 bth $2,100
4) 1 bdrm, 1 bth $1,800
5) 1 bdrm, 1 bth $1,450
6) 2 bdrm, 1 bth $2,300
An Offering Memo is not yet available, but experienced investors will be able to anticipate expenses and CAP. An OM may be available in the future if not sold prior. Call agent for details
EXPENSES NOTED BELOW ARE ESTIMATES AT THIS TIME.