2221 Railroad Ave, Pittsburg, CA 94565

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Single FamilyFor Sale

$4,480,000

2221 Railroad Ave

Pittsburg, CA 94565

Listed by: Richard Mao from Promax Investment & Develop, (510) 552-1687

MLS: Bay East Contra Costa (BECCAR)

10,624Sq Ft

Est. Mortgage

$23,225/mo

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. 6% investment return cap rate. 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.

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Information courtesy of Promax Investment & Develop is subject to verification and is not guaranteed.

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