Alameda Triplex and Duplex 6% CAP rate 1520 Willow St 5 Unit Apartment Building $1,890,000 ($378,000/Unit) 6% Cap Rate Alameda, CA 94501

Triplex in the front building and Duplex in the rear building.
Great for owner/user plus income producing for other units.
1518A approx. 1000sf $2753, 2plus bedrooms, 2 baths in rear duplex upper unit.
1518B approx. 1000sf $2885, 2plus bedrooms, 2baths in rear duplex lower unit.
1520A approx. 1300sf proforma $3800, vacant for an owner/user in front building, lower rear unit.
1520B approx. 800sf $2324, in front building, upper and lower unit. (may be 800sf, to be verified)
1520C approx. 800sf $2600, vacant, market rent in front building upper rear unit. (may be 600sf, to be verified)
Buyer to verify exact sq. ft. prior to enter into contract.
Front building is a triplex Victorian Style consists of
1520A, an approx. 1300 sf, 3 bedrooms, 2 baths, $3800 proforma
1520B, an approx. 800 sf, 2 bedrooms, 1 bath, $2324
1520C, an approx. 800 sf, 2 bedrooms, 1 bath, $2600 proforma
Rear building is a duplex Contemporary consists of
1518A, an approx. 1000 sf, 2 bedrooms, 1 bath, $2753
1518B, an approx. 1000 sf, 2 bedrooms, 1 bath, $2885
Total gross income proforma $172,344.
Total gross expenses 35% proforma $60,320.
Total Net Operating Income $112,000. at 6% CAP rate return