Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1986
Sq.Footage
1,880
Price per SqFt
N/A
Investment Opportunity - Excellent chance to acquire four single-story investment homes, each leased by a national leader in care services for individuals with disabilities. All four properties to be sold and purchased as a bundle. Each home generates $42,303 in annual rental income for a total of $169,212 per year and a 3% annual increases per year. The 5-year lease is backed by a strong national adult care facility, ResCare Bright Spring. Tenant is responsible for utilities, general maintenance, and landscaping. The property owner is responsible for structural maintenance. Bundle Price for all 4 properties: $2,820,000. Please see MLS# NDP2507086 for all four residential income listing. Addresses: 1384 Frauline Dr, San Diego; 1382 Tobias Dr, Chula Vista; 1805 Ionian St, San Diego; 5979 Harps Ct, San Diego.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
2
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Attached
Area & Lot
-
Lot Features
Back Yard, Cul-De-Sac, Front Yard
-
Lot Size(acres)
0.19
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Financial
-
Sales Price
$705,000
Property Features
-
Association
NO
-
Senior Community YN
No
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Location
County
San Diego
Elementary School
Middle School
High School
Listing Courtesy of Matthew DeLine , Keller Williams Realty
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