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980 Indiana St | Woodbridge CA | 7262721647

Ron A-reo, Agent

This listing was posted on RealtyWW.

$1,900,000

Home For Sale In Woodbridge, California

Price:
$1,900,000
BR/BA:
10+ BR, 4 BA
Location:
980 Indiana St, Woodbridge, CA
Description:

Very Rare Woodbridge 8 TOTAL UNITS PORTFOLIO SALE Plus 1900 Sqft Shop w/office and storage yard all for $ 1.9 MILLION. Total Current income is $173, 400 With a current GRM of 10.95! The portfolio includes 4 contiguous parcels totaling just over 1 Acre of land. The buildings are as follows (See buildings map and Details in attachments) : 1 Triplex , 1 Duplex, 2 single Family homes one is a 3 bdrm 1 bath approximately 1100 sqft with a detached studio unit, and one is a 2 bdrm, 1 ba approx.. 970 sqft. The final building in the portfolio is a large Tradesman Shop that is approximately 1900 sqft with a office and large door that opens to accommodate larger items. The shop also has a large fence in storage yard. That can easily accommodate more than a dozen vehicles or storage for a business or the new owner. (See attachments for a current rent roll and Market Rent Report that suggests plenty of additional upside potential) On the rent roll we have penciled in $1000 a month for the shop since the seller is willing to rent back for 6 months, but it was previously rented at $2500 a month. At full market rents for all units and the shop we see an annual gross income of over $200, 000 per year and a GRM in the high 8's!For more details: https://realtyww.info/homes_woodbridge-d132078/for-sale_i71550355
Property Type:
Single-Family Houses
Amenities:
Storage
Posted:
May 7 on RealtyWW
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More About this Listing: Home For Sale In Woodbridge, California
Home For Sale In Woodbridge, California is a 10+ BR 4.5 Bath Single-Family Homes for Sale at 980 Indiana St in Woodbridge CA. Find other listings like Home For Sale In Woodbridge, California and listings near 980 Indiana St by searching Oodle Classifieds for 10+ BR 4.5 Bath Single-Family Homes for Sale in Woodbridge CA.