Great Rancher near San Pablo Bay and Old town Pinole. First time on market in over 50 years wonderful family home. Walk to the Bay, parks and Old Town. Quiet street but close to everything schools, public transportation, shopping and dining. Terrific location! Show and Sell this home. Hurry won't last.
Great Opportunity for Long Term Investment with Potential Growth in Stable Neighborhood. Steady Income and Good Economic Planning in Pinole. MultiPlex is A Clean Property Consisting of Six (6) - Two (2) Bedroom Apartments and One (1) - One (1) Large Bedroom Apartment, Large Carport for Two (2) + Cars and Six (6) Assigned Off Street Parking. Long Time Residents with Good Rental History and Professionally Managed. Seven 7 -Plex Building has been Inspected for SB721 and work completed and permits by City of Pinole. Recently Painted and New Decks Installed. Easy to manage.
Cap Rate - 4.48% | GRM - 13.03 (Current) vs Cap Rate - 4.73% | GRM - 12.60 (Proforma). The apartment features four (4) apartment units, two of which are 2 beds / 1 bath and the other two are studio units, as well as an owner-occupied commercial space. The owners went above and beyond showing pride in ownership construction and meticulous maintenance since it’s completion in 2001. A 4-car garage and 5-space parking lot as well as a coin-op laundry room provide additional income. Newer construction helps keep costs low and insurance requests to a minimum. Turn key investment with upside in rents but also in the potential conversion of the commercial space (tbd by buyer). Finding an apa