We Buy Houses

This property features three units: (2) two-bed one bath, and (1) three-bed one bath. All have long-term, month-to-month tenants with the exception of the top unit (two-bed one bath), which is gutted and ready for updates and the next long-term tenant. There is plenty of opportunity to increase rents. The monthly rent collected is as follows:

Unit 1 (3 bed, 1 bath, largest unit): $1,450
Unit 2 (2 bed, 1 bath, mid-size unit): $775
Unit 3 (2 bed, 1 bath, smallest unit): $700 (before vacancy)

Each unit has its own furnace and water heater. The roof was replaced in 2018, and the furnaces were replaced in 2023. The basement has coin laundry. There are 2 parking spots available in the rear of the building in addition to plenty of street parking.  The property is just blocks away from the Gilbert Ave/East McMillian Square, featuring Esoteric Brewing, Gomez Salsa, and all the new development, restaurants, and businesses in the area.