601 Wisconsin Street
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...
$4,275,000
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.4587 Acres
Exterior
Residential Income
Property type
1963
Year Built
CV22228397
Web Id
CV22228397
MLS ID
Pomona Unified
School District
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

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
Listing Courtesy of RE/MAX 2000 REALTY
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