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18490 Empire St 2 Unit Apartment Building Offered at $574,900 at a 5.54% Cap Rate Plymouth, CA 95669
INVESTMENT HIGHLIGHTS
- Wine country farmhouse income property
- Tall ceilings, open floor plans
- Historic downtown Plymouth location
EXECUTIVE SUMMARY
Wine country farmhouse income property in historic downtown Plymouth. Centrally located within walking distance to restaurants, tasting rooms and shopping. Each unit has its own distinct character, tons of natural light and laundry hookups. Updated interiors with crisp white walls, laminate flooring and period details. New comp roofing, Trane central HVAC systems and tankless water heater. Alley access circular driveway and off street parking. Must see to appreciate!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$43,200
|
$21.51
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$43,200
|
$21.51
|
| Taxes |
$6,600
|
$3.29
|
| Operating Expenses |
$466
|
$0.23
|
| Total Expenses |
$7,066
|
$3.52
|
| Net Operating Income |
$36,134
|
$18.00
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $43,200 |
| Annual Per SF | $21.51 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $43,200 |
| Annual Per SF | $21.51 |
| Taxes | |
|---|---|
| Annual | $6,600 |
| Annual Per SF | $3.29 |
| Operating Expenses | |
|---|---|
| Annual | $466 |
| Annual Per SF | $0.23 |
| Total Expenses | |
|---|---|
| Annual | $7,066 |
| Annual Per SF | $3.52 |
| Net Operating Income | |
|---|---|
| Annual | $36,134 |
| Annual Per SF | $18.00 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Sprinkler System
- Yard
- Garden
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $1,800 | 1,000 |
| 2+1.5 | 1 | $1,800 | 1,000 |
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18490 Empire St
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