Listed by David Howarth, (510) 822-1331 from The Pinza Group, Inc
(If provided) CoList: from
Sold listing courtesy of Sadegh Ghorban from CCSGBR
8-unit apartment complex featuring eight 2bd/1bth units with excellent strong current cash flow and great upside. The property is easy to manage and is separately metered for water, gas and electric, providing for low annual operating expenses. The units feature remodeled interiors with functional layouts, making this an ideal asset for both owner-occupants and investors. Several units are rented to tenants with rents below market providing an opportunity for the next owner to increase rents over time for a significant increase in cash flow. Two units will be delivered vacant at closing making a perfect opportunity for possible owner-occupants. This is a high-demand rental location near UC Berkeley, many popular restaurants, coffee shops, schools, shopping centers and parks. This location offers exceptional convenience, just minutes from multiple BART lines and major highways, providing quick access to downtown San Francisco.
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