605 San Pablo Ave | Albany, CA 94706
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- LoopNet Team
605 San Pablo Ave
Albany, CA 94706
$100K Price Improvement & Financing at 3.2%! · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Ten Fully Remodeled 1bd/1bth Units Spanning Approximately 500 SqFt Each
- Fully Renovated With Recent Renovations, Including Exterior Paint, Remodeled Kitchens and Bathrooms, New Hardwood Flooring, Double-Pane Windows, Etc.
- Perfectly Located on Albany's Main Commercial Corridor, Near Several Popular Amenities and in Walking Distance to the El Cerrito Plaza
- Amenities Include Ample Parking Space, Hassle-Free Landscaping, and the Convenience of On-Site Coin-Operated Laundry Facilities
- Rare Opportunity to Assume Existing Financing w/ Excellent Terms: 3.2% Interest Fixed for Two Years with a Remaining Loan Balance of $1.52MM
- 100% Occupied With Stable Paying Tenants, Providing Consistent Rental Income on Day One of Ownership
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Microwave
- Heating
- Hardwood Floors
- Oven
- Double Pane Windows
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Gated
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 500 |
PROPERTY TAXES
| Parcel Number | 067-2813-024-00 | Improvements Assessment | $1,726,459 |
| Land Assessment | $757,694 | Total Assessment | $2,484,153 |
PROPERTY TAXES
Parcel Number
067-2813-024-00
Land Assessment
$757,694
Improvements Assessment
$1,726,459
Total Assessment
$2,484,153
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