$1900000
Bed
Bath
5640 SqFt
1 DOM
Built: 1977
CEO & Founder
(650)533-3259Mary Cate Apartments is located in a high demand area with all heavy lifting done! Brand new TPO roof, new hardi siding and new exterior paint in 2024, 6 out of 8 units beautifully renovated. A savvy investor can achieve an above-market return immediately, by renovating the remaining 2 units to stabilize at a cash-on-cash return exceeding 7% and an internal rate of return (IRR) of 20%. Located just blocks from restaurants, shopping, and grocers. Mary Cate is ideally positioned for tenants and comprises four 605-square-foot one-bedroom/one-bath units and four 805-square-foot two-bedroom/one-bath units. Each unit features spacious layouts, patios or balconies, access to onsite common laundry, and twelve dedicated onsite parking spaces.
Listing Provided Courtesy of Justin Kraft, Highmark Partners
NWM2443308
Multi Family
1 DOM
7501.03 SqFt
5640
1977
Multi-F
King
Residential Incom
Multi Family
Listing Provided Courtesy of Justin Kraft, Highmark Partners
Kasamestates data last checked: Oct 10, 2025 17:20 | Listing last modified Oct 10, 2025 19:06,
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