$1,199,990
Introducing 332-336 1/2 35th St, a quadplex at an unbeatable price of just $300,000 per door. All 4 units offer a 2 bedroom/ 1 bath layout. with pro forma rents yielding an impressive cap rate of 7.39%. This is the investment you have been searching for! Below-market rents present immediate upside for value-add potential. Each unit boasts its own gas, electric, and water heater, ensuring convenience and clarity for the next owner. The property has been enhanced with new windows and a fresh coat of paint, while major components have received recent upgrades. This allows you to focus on refining cosmetic details to maximize each unit's earning potential. Located conveniently near shopping, transit, and major highways (15 and 94), this property promises low vacancies. Tenants are currently on a month-to-month basis and are eager to stay.
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Listed by Andrew Santiago with Real Broker (855) 450-0442
Property Type
Quadruplex
Status
Active
MLS Number
PTP2602956
Year Built
1960