Property consists of one Tri-Plex and adorable five cottages totaling 8 units. This property has been highly maintained and well managed giving a new owner a wonderful opportunity to acquire this "Turn Key" Alameda "little community". Incredibly rare investment property in Alameda: 8 units - a Triplex building with an additional FIVE individual one bed one bath cottages on the same parcel. All cottages have been beautifully remodeled with granite countertops and updated interiors except for one cottage. Triplex units are very large and consist of: Two 1 Bed 1 Bath units, One 2 Bed 2 Bath Unit. All units well under market rents and all tenants on month to month leases. Gross Existing Income: $164,359 Current Net Income: $121,626 PROFORMA Gross Income: $216,600 This property is an incredibly rare opportunity to own one of the highest demand rental types.
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Listing Courtesy ofeXp Realty of California Inc.