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 FOR SALE - 885 Broadway Avenue , Seaside 93955 - $900,000

Apprx.Bldf: 7,539 SqFt | Apprx Lot: 8,000 SqFt | Apprx Acres: 0.18 | Age/Yr Blt: 53/1962 | Parcel#: 011-545-001

Five tenants, three on month to month, three on 2+ year leases.
Separate parking lot included with 16 parking spaces, 3 spaces month to month rental agreement.

Custom House Realty and Property

Terry Wecker  00548546

 CALL 831-809-6252

Annual Expenses
R.E. Taxes: $5,300
Insurance: $5,777
Landscape: $0
Maintenance: $4,000
Management: $3,000
Other: $500
Trash: $2,800
Utilities: $2,230
Total: $23,607
List. Includes: Building, Land
Owner Pays: Insurance - Fire, Insurance - Liability, Maintenance - Exterior, Maintenance - Roof, Maintenance - Site, Sewer, Water

 

Annual Income    
Rental: $60,120
Vacancy Allowance %: 0
Other: $0
Other Include: Lease, Parking
Income Gross Schedule: 60,120
Income Annual Gross: $60,120
Est Net Income: $36,513
Est Cap Rate: 4.060
Est GRM: 15
Est Inv Value: Lic. Value:
Exp Tenant: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
Op Exp Include: Accounting/Legal, Fee - Other Taxes, Fee - Professional Services, Fee - Property Management, Fee - Property Tax, Maintenance, Services - Sewer, Utilities - Water