9% cap rate at Robinwood. I dare you to find better a better investment property than this. Approx. $23,500 annual net income at current occupancy, with a long-term tenant in place paying $2,800 per month and intends to stay. Renovated units here are still selling around $235K-$255K in this softer… Read More market and sold above $275K just a few years ago. Hold for cash flow now now. Remodel and sell later when the timing makes sense. Win-Win... Nearly 1,200 SF, 3 BR, 2 BA, fireplace and 2 assigned parking spaces. These places are golden after a remodel. PHOTOS ARE EXAMPLES ONLY and are not representative of the current condition of this tenant-occupied unit. Read Less
The Key Team does not control, or set commissions. The offer of commission is between Participants and is always negotiable. Contact listing broker for details.
Additional Details
Appliances & Equipment
Dishwasher, Oven, Range, Refrigerator
Building
Built in 1982, Living area: 1177, Levels: One, Entry level: 2, Construction Materials: Frame, Wood Siding
Parcel Number: 032336706, Annual Amount: $1,847, Legal Description: UNIT 204 BLDG 2 AS PER SUPPLEMENT CONDO DECLARATION RECORDED IN B3655 P514 ROBINWOOD CONDOS, Year: 2025
Utilities
Water Source: Public
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