Contractor's Special! This a 6 Unit building, consisting of 1 bed 1 bath units. 1 Unit is occupied where the tenant pays $550 monthly. 5 Units are vacant. All Units have varying degree of significant water damage due to the the leaky walls/roof. Various reports obtained. The pest/dry-rot reports is estimated at about $153k. Roof replacement is estimated around $20k. All units need to be completely gutted and remodeled at about $120k. Electrical upgrade estimate is at around $20k (imperative for property's insurability). Plumbing upgrade is at a minimum at $55k. The estimates above were obtained by 3rd parties for informational and disclosure purposes only and BEI accepts no responsibility for the quoted values and validity of the reports. Open Saturday 10:30-12:15pm (will leave promptly at 12:30pm). If you show up at 12:30p, you won't get to see the units.
Courtesy of Pedram Karbassi, BAY'S ELITE INVESTMENTS
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All information furnished regarding property for sale, rental, comparables or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.
