Sotheby's International Realty ®
(800) 409-7325
$799,000
$799,000
Sotheby's International Realty ®
(800) 409-7325
Great opportunity to purchase a multi-unit property in the highly desirable neighborhood of Casa Solana, within minutes of the plaza, rail yard, restaurants, shopping, great hiking trails, and easy access to 285. The triplex includes a main house completely remodeled with two bedrooms, two bathrooms, a large front and fenced-in back yard with drip irrigation; and two complete studios. Solid rental history, the two studios are presently rented. Limited times to schedule showings to avoid tenants' disturbance. Potential rental revenue for 3 units, $72,000 a year. Deducting utilities (~$1,700/YR) Insurance (~$1,200) and taxes (estimated new buyers $6,200) Total Proforma Return Cap rate ~7.86%
Stephen Hardy
Hardy & Company