$2,650,000
Turn Key construction student rental property leased through August 2027 for $17,050 per month at a 5.7% WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 4bed/2ba, ADUs in back are 4bed/2ba and a 4bed/2ba. All market rate no deed restrictions! Located on one of the prime streets short walk to the SDSU campus & campus sports fields. This property usually rents 8-11 months in advance each year due to desirable layout, finishes, and proximity to campus. Tenants get 12 street parking permits (4 per address). In unit washer dryers in each unit.
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Listed by Alexio Barbara with Bridgepoint Realty Inc (858) 302-5935
Property Type
Residential Income
Status
Active
MLS Number
260006770SD
Year Built
1970