GRAHAM E KING - 510-746-8240 - This is a great opportunity to finish construction on a permitted addition which will basically double the beds, baths, and square footage. All work has been done with permits and much of the plumbing, electrical, HVAC, and seismic work is already done. 2 beds, 2 baths and laundry on each floor. Live on one floor and rent the other and have your tenant pay your mortgage. Check with the city about turning one floor into an attached ADU. For the savvy investor, two rented units yields a potential CAP rate of 5.3% and a gross potential rent multiplier (GRM) of 11.3. Deals with these returns are hard to find! Newish water heater, furnace, AC, and ductwork. Basement storage under the rear patio. Lots of potential with this property. Don't miss the walkthrough video.
4,415 Sq ft
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