This rarely available Marina six-unit complex is now available. The current rents are low ($1460 average) and there is significant potential rent upside with $2450 market rents. The complex features all two-bedroom / one-bathroom units with their private fenced backyard. The 28,820 sq. ft lot is zoned R-4 multi-family residential, potentially allowing 5-12 additional units on the site. Please read the Marina zoning & ADU ordinances. Marina has available water to build. The current owner has completed many upgrades, including all vinyl dual pane windows & sliding glass doors, three units with new Pex water lines, five units have remodeled bathrooms, four new frigs & gas stoves in 2021 & 2022, two new gas wall heaters & water heaters (all units have their water heater), new main water line, & many other improvements. The laundry room has one washer & dryer and six private storage lockers.
We would love to get to know you better and understand your Real Estate needs. Please fill out the form to contact us today!