An investor's dream property! Front house has 6 bedrooms, 3 bathrooms - Second unit has a one bedroom, Third unit is a Studio Apt. There is also a large backyard, which could be used to build more units. Currently, the tenants (10) are using each bedroom as a rental and are on month to month basis, all tenants are professional IT employees. The property needs some TLC, and that is why it is priced lower than market. Ideal opportunity for the investor who can foresee an uptick in rental properties and add more units to get a better return on their investment. The current rental income is $ 5,700 per month, and will go up to $ 6,000 a month from Jan 2018. The GLA of 2,969 sq ft is for the front home only. The back 2 units maybe unpermitted. The property is zoned R1.
Listing courtesy of Arun Arya from Shivam International Realtors
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