Triplex
Listing Agent: John Caronna (DRE #01898437) · Listing Office: Coldwell Banker · Contact: 925-253-4600 · Bought with: Patricia Ulip · Redfin · MLS #41044964 · Source: CRMLS
Incredible Cash Flow on Day One! Amazing Owner Move-in to own an Updated Victorian, with a total of 7 bedrooms. 4 bedroom home with a 1 bedroom and 2 bedroom (Recently updated) downstairs apartments. All units will be delivered vacant. Annual Gross Rent is $99,420. This is a 8.9 Gross Rent Multiplier! With all expenses (including a 2% Vacancy) Net Income is $70,318. CAP rate is 7.9%
Listing description from the April 2024 sale, as reported to CRMLS.