• Overview 4857 SQ. Feet, 0.34 Acres
• Listing Type Multi-Family
• Office: Sue Young

Unique offering of a 15,000 sq.ft. parcel improved with three buildings with potential to build one more! The income flow is already good from the 14 rentals and tenants are all very long term. Quiet location, lots of trees, centralized location and close to universities/freeway access/shopping. Largest dwelling was built in 1931 and the other two in 1941. All are in good condition. This first home is a legal registered boarding house with 7 rented rooms, a large common kitchen, lockers for each tenant, high ceilings and storage underneath. 3 rooms have complete bathrooms inside the rooms, one has a half bath, and three share the two common toilet rooms/one shower stall room. All rooms have individual refrigerators and sinks. Some tenants do light cooking in their rooms. Under this building are two self-contained apartments (studio and one bedroom). The two additional dwellings contain 1 studio, 2 one bedroom apartments, 1 two bedroom apartment, and 1 three bedroom apartment. Coin operated washers/dryers in laundry room. The parking lot in the rear has plenty of room building a 4th structure by eliminating the garage + 2 parking stalls. You're still left with 14 stalls!

Quick Details

This Property is priced at $2,700,000 and located at 1126 3rd Ave, . With 0 Bedrooms and 0.00 Bathrooms, it offers a total of 4857 Square feet. This Multi-Family was built in 1931 and its status is Active. This property is represented by Sue Young of Sue Young, Contact Number (808) 946-1145, our team of Realtors can represent you at no additional cost.