NEW! Buy and sell safely with virtual options - Learn More
About the Listing CCBE-SPID01 - CCBE-206514458
A Fully occupied value added investment opportunity with about 4.5% annual rent and NNN increasing every year. 8% actual cap rate. Very stable tenant base, all of units are occupied by service type tenants. Current actual Annual income is $226,000, with very low maintenance cost. Building was remodeled in 2013 and 2016, the roof and HVAC units were replaced when the building was remodeled. Tenants are responsible for all interior maintenance, repair and replacement including HVAC, store front glass. On the very busy major street, close to shopping, BART, freeway, schools, , inside city business district, next to residential neighborhood. APN/Tax ID: 088-072-068-5 Year Built: 1963, remodeled: 2013 and 2016 Lot Square Feet: 22463.79 sf Building Square Feet: 5950 sf Parking: 26 spaces onsite, more than 4 spaces per unit The vacant lot behind the parking lot is also for sale, zone for neighborhood commercial/high density residential, it may build up to 45 units (for the detail, please confirm with city). It gives the new owner the opportunities to expand or develop.
Listing Highlights
Status
Active
Days on Site
80
Property Type
Commercial Sale
MLS ®
41118960
Year Built
1963
Total Square Footage
0
Lot/Acreage
0.52
County
Contra Costa
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 27
- Zoning: nc
- Roof:
- Others: Stucco
- Sewer:
Financial Details
- Tax Amount: $16,496
- Taxes w/Assessments: N/A
- Tax/Property ID: 0880720685
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
3811 Railroad Ave Pittsburg, CA 94565
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
