Do Not Disturb Tenants! Property Tours will require NDA and Verifiable Proof of Funds/Ability to Close. Maintained in very good condition with all units receiving updates during ownership. Units are in very good condition with only unit A in need of possible new paint. Originally a triplex it is now four units; two 2-bed 2-bath units, one 1 bed 1 bath unit and a non-conforming 1 bed 1 bath unit. See attached pictures of all units. All units separately metered except for the nonconforming unit. Gross Income Actual: 88,169$ Gross Income PROFORMA: $101,369. Net income Current: $66,156. Current Estimated CAP Rate is 4.74% using very liberal expense estimates. Likely current NOI is higher than estimated.
|Last Updated||10/16/2018||Year Built||1906|
|Community||Alameda Map Area 2||County||Alameda|
|School District||Alameda (510) 748-4000|
|Elementary School||Alameda (510) 748-4000|
|High School||Alameda (510) 748-4000|
|AIR||No Air Conditioning|
|AREA||Alameda Map Area 2|
|BASEMENT||Apt In Basement, Storage Area, Yes|
|CONSTRUCTION||Composition Shingles, Wood Frame, Wood Siding|
|EXTERIOR||Back Yard, Front Yard, Side Yard|
|LOT||5663 sq ft|
|UTILITIES||Water - Public;|
|WATER||Water - Public|
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