Now available: 8 unit/three parcel assemblage (sold together only). Only $198/sf! Long-term owner, self-manages. Attractive Seller Financing is available (25% down). Near Historic Downtown Glendale on a well-kept residential block. All m-t-m leases. 75% of the units have recent upgrades. The combined sf of the units is about 6500 total sf or $198/sf. The unit mix over seven buildings consists of: (1) 4 bed/2 bath house; (2) 3 bed/1 bath houses; (4) Large 1 bed/1 bath units; & (1) Studio unit. Expenses are low. The total utility bill cost is $250/m for w/s/t, electric. 6 CAP with current operations & 7+ CAP at market rents. Buyer to complete/rely on own DD, Please do not disturb the residents.
Listed by:
Better Homes & Gardens Real Estate SJ Fowler
Date | Days Ago | Event | New Price |
---|---|---|---|
May 20, 2024 | 4 mos ago | Price decreased460,000 (26%) | $1,290,000 |
Apr 5, 2024 | 5 mos ago | New on market | $1,750,000 |