Nearby Schools
SteinElementary School
Alameda Int'lMiddle School
Alameda Int'lHigh School
Description
Calling all INVESTORS AND OWNER OCCUPANT HOUSE HACKERS! CAP RATE of 5.79!! This investment opportunity is ready to produce income! The asset currently produces $4,144/mo in rental income. The '27' unit is 3 bedroom and 1 bathroom with in-unit laundry. The '29' unit is also 3 bedrooms and 1 bathroom with in-unit laundry. This duplex presents itself well for an owner occupant who wants to house hack to earn income and reduce their monthly expenses. The owner occupant could also keep the long-term lease next door or change to a short term rental income (Airbnb, VRBO, VACASA) scenario. 1 mile to Belmar Shopping Center, across from O'Kane Park, only 6.5 miles to Coors Field. INTERESTED IN MORE INCOME? The property around the corner also FOR SALE (61-63 Newland St.). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent.
Location
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Listing Source: IRES - Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Updated: 1st December, 2023 4:26 AM (UTC)
