Description
ASSUMABLE FINANCING 3.46% INTEREST ONLY - Pleased to present 4638 Iowa St – 6unit apartment building in the highly desirable Normal Heights neighborhood. Comprised of (1) 2bed/1bath, (5) 1bed/1bath, (1) Studio and (2) 2car garages. This asset is currently generating a gross rental income of $10,895 with rental upside to $20,065 with garage conversation into ADU's. The property is walking distance to many shops, bars and restaurants. Renters can quickly access most areas of San Diego via the i805 and i15 Freeways, El Cajon Blvd to the south, and Adams Avenue to the north. This is a great investment for a value-add investor looking to add sweat equity into the building.
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3BEDS
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N/AACRES
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3BATHS
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01/2 BATHS
School Ratings & Info
Description
ASSUMABLE FINANCING 3.46% INTEREST ONLY - Pleased to present 4638 Iowa St – 6unit apartment building in the highly desirable Normal Heights neighborhood. Comprised of (1) 2bed/1bath, (5) 1bed/1bath, (1) Studio and (2) 2car garages. This asset is currently generating a gross rental income of $10,895 with rental upside to $20,065 with garage conversation into ADU's. The property is walking distance to many shops, bars and restaurants. Renters can quickly access most areas of San Diego via the i805 and i15 Freeways, El Cajon Blvd to the south, and Adams Avenue to the north. This is a great investment for a value-add investor looking to add sweat equity into the building.
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