$855,000
Home For Sale In Davis, California
Price:
$855,000
BR/BA:
5 BR, 5 BA
Location:
1320 Locust Pl, Davis, CA
Description:
Unique ownership opportunity! Current owner took an original Stanley Davis Marin floor plan home and built it up into a 5 bed / 5 bath 2, 600+ square foot property which has served as a strong investment for his family for many years. Each bedroom has its own associated bathroom and is currently rented on a month to month basis by the bedroom - rents currently totaling $3, 700/mo. Based on current rental comps, I believe the rent collected is at least 10%+ below market. Vacancy has never been an issue, multiple tenants having lived in the property for 3+ years. The nature of this unique property and lease configuration leaves opportunity for creative investors to maximize returns. Come take a look for yourself!For more details: https://realtyww.info/homes_davis-d523849/for-sale_i72667536
Property Type:
Single-Family Houses
Posted:
June 6 on RealtyWW
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