2221 Railroad Ave, Pittsburg CA 94565 | $3,518,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1989
  • MLS#: 41046945
  • Community:

Listing provided courtesy of Richard Mao of Promax Investment & Develop. Last updated 2024-11-29 09:25:54.000000. Listing information © 2024 SANDICOR.

8% investment return cap rate. A value added investment opportunity (with 4%-4.5% annual rent and cam increasing every year). Very stable tenant base, most of units are occupied by service type tenants. Tenants are responsible for all interior maintenance and repair. High occupancy rate. Currently 12 units with 11 units are rented. the only vacant unit is used for storage. New owner may choose to rent it out for extra income. On major very busy street, next to Starbucks, close to freeway, schools, BART.

More Details

Parking Spots: 39.00
Construction Materials: Stucco
Construction Materials: Wood Siding

David Piper

Call or Text: 858-525-5007

DRE# 02021985