Description
Amazing opportunity for owner occupant or investor. First unit is a 3 bedroom, 2 bath. Second unit is 2 bedroom, 1 bath. The third unit is a permitted ADU that was recently done. 1 bedroom, 1 bath. Responsible tenants in 3-2 and 2-1 on Month-to- Month Agreements with rents VERY below market rents. Plenty of street parking available. Prime location with close proximity to SDSU, trolley, grocery stores, restaurants, shopping and so much more. Current rental numbers ONLY include front duplex. Rents are WELL below market rents. Cap rate should be in the 5-6% range once rents are raised to current market.
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6BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
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2,617SQFT
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$478$/SQFT
School Ratings & Info
Description
Amazing opportunity for owner occupant or investor. First unit is a 3 bedroom, 2 bath. Second unit is 2 bedroom, 1 bath. The third unit is a permitted ADU that was recently done. 1 bedroom, 1 bath. Responsible tenants in 3-2 and 2-1 on Month-to- Month Agreements with rents VERY below market rents. Plenty of street parking available. Prime location with close proximity to SDSU, trolley, grocery stores, restaurants, shopping and so much more. Current rental numbers ONLY include front duplex. Rents are WELL below market rents. Cap rate should be in the 5-6% range once rents are raised to current market.
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Listing provided courtesy of Exp Realty.
Listing information © 2022 San Diego MLS Inc.
Source: SDMLS