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Updated over 7 years ago on . Most recent reply

User Stats

44
Posts
16
Votes
Linda Lo
  • Real Estate Agent
  • Union City, CA
16
Votes |
44
Posts

Off Market 12% cap rate, top school, mins to future Bart station

Linda Lo
  • Real Estate Agent
  • Union City, CA
Posted

Perfect rental, 6 units, great high school (Piedmont High), mins to future San Jose Bart station, no rent control:

-2 Master Suites (each rents for $1200)

-4 spacious bedrooms (each rents for $800), all with nice laminated wood floor. Most have vaulted ceiling

-large kitchen, good cabinets with granite counter top, tile floor

-large living room and dining room, tile floor 

-utility room (sale includes existing dryer/washer, but you can put coin operated washer/dryer for extra income) 

- separate entrances to units

WAY better than duplex or 4 plex!! SFH means lower mortgage interest rates and no rent control while getting income from 6 units!! Also perfect for airbnb!!

Total rental income $5600, with 25% down for 30 yr fixed at 4.5%

cashflow = $1915 per month, 12% cap rate!! 

Please call/text Linda at 408-410-7530 or email to [email protected]

-

  • Linda Lo
  • Offering

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