$544,000
How often do you come across a true 1% Rule property in today’s market? This one checks the box. Welcome to 1306 N Filbert St (Units 1302, 1304, 1306 & 1308) — a cash-flowing 4-plex bringing in $5,400/month in rents, offered at just $544,000. Property highlights: 4 units total: 1302 / 1304 / 1306 / 1308 All units are 1 bed / 1 bath Each unit approx. 400 sq ft (approx. 1,600 sq ft total) Strong in-place income: $64,800/year gross Flexible rent structure: 3 leases month-to-month, 1 annual lease ending around June 2026 This is the kind of small multifamily that’s hard to find—in-place cash flow on day one with built-in flexibility to stabilize, improve, and optimize over time. Lease agreements, Income Statements - all available upon request.
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Listed by Jagjit Singh with Simple Brokerage Inc. (408) 832-8200
Property Type
Quadruplex
Status
Active
MLS Number
41123779
Year Built
1949
Lot Size
6,199 sq ft