3304 N Howard Avenue
Property Description
Rear opportunity to acquire income producing portfolio of 5 homes. Desirable floor plans of 3, 4 and 5 bedroom homes with 2 vacant and 3 long term tenant occupied. Homes are priced at $285,000 each. Fully occupied proforma delivers return of 6.7 % cap rate for savvy investor. Calculations include property taxes and home insurance as owner expenses while tenants are responsible for PG&E, utilities and yard care. The seller has several other properties that we can package in sets of 5, 10 or any other combination. Please submit offer subject to walk through inspection. Do not desturb tenants.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,425,000 |
| No. of Units: | 5 |
| Year Built: | 1953 |
| Lot Size: | 1,591.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $285,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 2 |
ID: 3yd-FARCA-654927
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