Rare opportunity to own this six unit apartment building centrally located in the desirable Fruitvale area near 35th Ave with easy access to Freeway I-580. All large two bedroom apartments, four of them have been recently upgraded with hardwood floors, granite countertop and modern bathroom. Six parking spaces in front of the building. More garage spaces on the first floor. Laundry room and storages in the back. Current cap rate 5.8%. Pro Forma Cap rate is 6.8%. High cash flow and easy management.
6,250 Sq Ft Lot Size
investment
$1,367 Monthly Tax
Built in 1960
MLS/Listing ID 40966962
6 Units
Gas Water Heater
Composition
Lot - Street Level
Construction - Stucco
Construction - Wood Siding
TOTAL MONTHLY COST
$0
$0
$0