Kelly Okimoto, Nick Sadek Sotheby's International RealtyPhone: (916) 335-3185
Email: [email protected]
Email: [email protected]
This wonderful Four plex is a great investment with huge positive cash flow. Total annual rent is $74,484, Annual Expense include sewer, water and hot water is less than $10,000. HOA is low $400 a month and it covers your ground maintenance and trash. CAP RATE is 7.6%!!! All 8 Home owners are members of the HOA. It s a reasonable and friendly HOA to work with. This opportunity does not come often. Act now to be the next owner of this updated building. Brand new certified roof in 2023, brand new commercial water heater 2024, new AC unit 4, All 3 units have been remodeled and upgraded except unit 3. New clear out was installed and pipe service was also completed in 2024. Own with confidence and start collecting your return investment while property value is being appreciated.
