Three units on one APN. Commercial Building - Barber Shop (620 SF) $450/mo. 1-story Triplex (1,500 SF) East unit $575/mo 1-bdrm & 1-bath. Middle unit $575/mo Studio w/garage. West unit $595/mo Studio w/garage. 2-story Triplex (2,400 SF) A -Front unit $575/mo studio, B-Top unit $1,000/mo huge 1-bdrm & 1-bath w/enclosed porch, C-Back unit $895 1-bdrm & 1-bath. Total Income $4,640/mo. Monthly expenses: water/sewer $230, Dumpster $145, Insurance $143, Prop Taxes $412 Total expenses $930. Net Income $3710. GRM=10, CAP 8.5. 2-story Triplex includes newer roof-approximately 3-years. All 7 units are fully rented in downtown Historic city of Lockeford, CA. Older buildings, well maintained with low rents makes this property a good investment.
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|6/21/2019 6:45:00 PM|