Rare cashflow opportunity with seller financing available! 2 houses on one lot; Both newly renovated with new Roof, windows, flooring, paint, and more. Separated meters and sewer lateral compliant. Both units are stabilized for market rent through section 8. Also comes with approved ADU plans, prefect for house hacking or additional cashflow. The front house features 4 bedrooms, 2 baths and onsite laundry facilities. The back unit has 3 bedrooms, 2 baths plus a bonus room and on site laundry hookups. Current annual gross of $79,140.00 with an expected net operating income of over $10,000.00 per year with existing deal structure. This won't last.
41056155
Single Family, Contemporary, 1 Story
7
Alameda
4 Full
1950
0.1607
Acres
1
Stucco
Public Sewer
1,870
Sq. Ft.
Yes
- 2
spaces
WEBSTER
Bathrooms
4
Total:4
Detailed Room Information
- Bedroom(s)
- Total: 7
- Family Room
- Fireplace
Interior Features
- Appliances
- Gas Water Heater,Dryer
- Flooring
- Vinyl
- Cooling
- None
- Heating
- Other. Wall Furnace.
- Fireplaces
- Family Room.
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 2 Parking Spaces. 0 Covered Parking Spaces. Off Street.
- Exterior
- Stucco
- Roof
- Shingle
- Pool Description
- None
- Additional Exterior/Lot Features
- Back Yard,Front Yard.
Financial Considerations
46543417
Cash, Conventional, 1031 Exchange, FHA
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