315 Ash Avenue

Description

Incredible opportunity to purchase 6-units with residential financing. The property consists of two (2) adjacent 3-unit properties (APN#'s: 567-101-34-00 & 567-101-25-00). Completely remodeled top-to-bottom this property consists of all single-level units: (4) 2Bedroom/1Bathroom and (2) 1Bedroom/1Bathroom. All units have been completely remodeled and feature in-unit laundry and yards. This property is perfect for an owner occupant (VA, FHA eligible) or an investor looking for a turnkey multifamily property with maximum leverage. The property is furnished and is currently operated as a 'mid-term' rental to traveling nurses and military personnel, the Seller can deliver the property at closing as either: vacant, partially occupied with either mid-term or long-term tenants (contact agent to discuss). Currently a 4.85% Cap Rate / 13.81 GRM

Listing information courtesy of: James Carter, Apartment Realty Group (ARG) 619-784-1031. *Based on information from the Association of REALTORS/Multiple Listing as of 10/19/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.