4018-4022 E Vermont St represents the opportunity to acquire a rare legacy asset in an excellent Belmont Heights submarket. This well-maintained 3-unit multifamily property is positioned in a prime location right on the border of the affluent communities of Belmont Heights and Belmont Shores. Built in 1922, the building boasts an impressive 3,096 rentable square feet and is situated on a large 6,749 square foot lot.
In addition to the location, the property has a few characteristics that make it unique. The unit mix comprises of (1) 3 bed + 3 bath unit, (1) 1 bed + 1 bath unit and a 2 bed + 1.5 bath detached house. There is a garage and ample parking on the driveway. Two of the three units are rented to long term tenants. The third unit which is a detached home will be delivered vacant at close of escrow providing flexibility for a buyer to either immediately move in or rent it for top of market rent. There is large yard between the front and back building and the home in the back also has access to a private fenced yard making it perfect for pets or small children.