Description
$200K PRICE IMPROVEMENT!!! 9 Unit Apartment Building in North Park For Sale! 4.5% CAP RATE. 14.9 GRM. Property is gated with intercom access, 4 Garages in the alley and 4 tandem off-street parking spaces in front. The property is conveniently located across the street from the North Park Recreation Center and Community Park and in walking distance to multiple eateries. Unit interiors have been substantially renovated, and the concrete parking area in front was recently replaced. Large multifamily housing project on the North side of the property is currently under construction and may lead to a significant positive effect on the 4052 Oregon Street's market rents once project is completed and fully leased. ---Bring all offers / Owner may consider a seller carry back---
-
0BEDS
-
0.16ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
$200K PRICE IMPROVEMENT!!! 9 Unit Apartment Building in North Park For Sale! 4.5% CAP RATE. 14.9 GRM. Property is gated with intercom access, 4 Garages in the alley and 4 tandem off-street parking spaces in front. The property is conveniently located across the street from the North Park Recreation Center and Community Park and in walking distance to multiple eateries. Unit interiors have been substantially renovated, and the concrete parking area in front was recently replaced. Large multifamily housing project on the North side of the property is currently under construction and may lead to a significant positive effect on the 4052 Oregon Street's market rents once project is completed and fully leased. ---Bring all offers / Owner may consider a seller carry back---
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-15T14:28:50.117. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.