Huge 50k Price drop! Amazing Kenwood Location. NTM-1 Upside zoning! Investors this is a once in a lifetime deal! This is over a 6 Cap rate 950k based upon current rent, and almost an 8 on market rents! 3/2 House, 1/1 Mother-in-law Apartment and 2 BR cottage, shed, and 2 car garage. Rents are 1400, 1400 and 2800! While Market rent is even higher! House is vacant intentionally. So many different options and so much upside for this investment. House is able to be viewed while apartments are when you are qualified and approved under contract (we want to keep your future tenants happy)! Developer? Yes, we can talk about your desire to build something amazing on this NTM-1 Zoned huge lot!
Listed by John Shine of SHINE COMMERCIAL REAL ESTATE

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Based on information submitted to StellarMLS as of June 20, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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