601 Wisconsin Street 601 Wisconsin Street Pomona, California 91768 United States
601 Wisconsin Street Pomona, California 91768 United States
$4,275,000
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NEW PRICE! Current 5.6% CAP RATE, 12.78 GRM for a "Turn-Key" multi-family investment! We are pleased to exclusively offer for sale this 15 unit multi-family asset in the city of Pomona. Recent property improvements include: 12 of the 15 rental...
- .4587 Acres
- Exterior
- Residential Income
- Property type
- 1963
- Year Built
- CV22228397
- Web Id
- CV22228397
- MLS ID
- 103
- days ago
About 601 Wisconsin Street
NEW PRICE! Current 5.6% CAP RATE, 12.78 GRM for a "Turn-Key" multi-family investment! We are pleased to exclusively offer for sale this 15 unit multi-family asset in the city of Pomona. Recent property improvements include: 12 of the 15 rental units have been totally remodeled consisting of recessed lighting throughout, lavish kitchens with natural stone counters & shaker style cabinetry, new range ovens, new wood laminate flooring throughout, fully remodeled restrooms with modern vanity and fiberglass shower surround, new mirrored wardrobe closets, and new wall A/C & heater installed. ALL rental units received new entry doors, new dual pane windows, and copper plumbing throughout. The unit mix is comprised of 1(2Bed+Den/1.5Bths), 7(2Bed/1.5Bths), and 7(1Bed/1Baths). Tenants enjoy onsite car-port parking, private gated entry with remote, and an onsite laundry facility which is technologically equipped and App-Enabled. Priced at a current 5.6% CAP Rate and 12.78 GRM (based on current rental income) this property offers a new investor not only a significant cash return on Day 1, but an investment property that has been meticulously maintained with little future maintenance required.
Listing Courtesy of RE/MAX 2000 REALTY
Listing Courtesy of RE/MAX 2000 REALTY
features
- cooling
- Propane Heating
PROPERTY INFORMATION
- Cooling
- Wall/Window Unit(s)
- Heating
- Wall Furnace
- Sewer
- Public Sewer
- Water
- Public
EXTERIOR
- Lot Description
- 11-15 Units/Acre
INTERIOR
- Flooring
- Laminate
ADDITIONAL INFORMATION
- Number of Units
- 15
Listing Courtesy of RE/MAX 2000 REALTY