Description
www.9874bancroft.com; 9874 Bancroft Avenue presents an excellent opportunity to purchase a 9-unit building with an excellent unit mix comprised of six 2bd/1bth units and three 1bd/1bth units. The property features spacious units, 10 off-street parking spaces, double pane windows, and ample storage. The property was built in 1960, offers 7,612 rentable square feet, and sits on 7,700 square foot lot. Maintenance is low and all units are separately metered for PG&E providing for low annual expenses. Many known maintenance issues have been addressed resulting in a relative turnkey property for the next investor. Four units were remodeled between 2019-2020 and there remains nearly $75,000 in yearly rental upside.
Location
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$2,290,000
MLS# SC21115340
Listing Agent: Dale Kaiser
Courtesy of: Dale Kaiser Real Estate
$2,290,000
5
5
MLS# AR22095136
Courtesy of: Treeline Realty & Investment
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