Property Details

Price is subject to the appraiser IF value is lower:) MAKE CASH FLOW ! 4plex with an extra unit of a three br 1ba guest house at the back for a total of 5 units! 4 out of 5 units are occupied and total income is $3491 You can finance it as a 4plex and get a residential loan with better terms and own 5 units! With the guest house and some expansion we did into two other units - note that sf is roughly now 3,327 sf subject to further evaluation. Owner pays the water bill for all tenants which is about $200a month. Tenants pay the electric. Potential to upgrade and renovate the units and get higher rents Rents for 4 units plus the guest house at the back. Except designated parking for the guest house at the back- there is street parking. The city divided the property to 803 and 805 W Russel. I did foundation work in 2024 with transferable warranty