$848000
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Bed
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Bath
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3216 SqFt
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1 DOM
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Built: 1977
- Status: Active
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Srinivas Kasam
CEO & Founder
(650)533-3259Solid, Turn-key Fourplex on a rare .57-acre lot in a quiet, rural setting with potential to add additional units or an ADU (buyer to verify). Major systems have been updated, including newer windows, roof, exterior paint, and interior improvements, minimizing near-term capital expenses. All units are 2 bed / 1 bath; upper units feature balconies and lower units offer private patios. A shared coin-op laundry provides additional income and tenant convenience. The outbuilding/garage is currently unused and could provide additional rental income. The property is fully occupied with strong tenants (two in leases, two month-to-month). Current rents are below market, offering clear upside through future increases. 8.5% Market Cap Rate (6.5% Current), this is an attractive opportunity for investors or owner-occupants looking to house hack. Conveniently located near shopping, schools, and transit, this property benefits from consistent rental demand and long-term growth potential.
Listing Provided Courtesy of Charles Burnett, Real Broker LLC
General Information
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NWM2488035
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Multi Family
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1 DOM
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0.57 acres
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3216
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1977
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Multi-F
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Pierce
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Residential Incom
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Multi Family
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Listing Provided Courtesy of Charles Burnett, Real Broker LLC
Kasamestates data last checked: Mar 06, 2026 12:02 | Listing last modified Mar 05, 2026 21:09,
Source:
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