330 N Abby Street Seller Financing available---upto $400000 on reasonable termsInvestment Opportunity - Multi-Unit Property with Value-Add Potential

This property presents an excellent opportunity for contractors, investors, or developers. Due to the current condition, the only financing available is cash or a hard money renovation loan.

The property consists of three separate buildings:

Two duplexes (4 units total) - unaffected by fire damage.

One triplex (3 units total) - one unit on the second floor sustained fire damage. The other second-floor one-bedroom unit remains habitable per the City. The first floor features a studio unit and garages, which may have some fire damage.

Summary of units:

7 total units: 6 are 1 bed / 1 bath, and 1 is a studio.

Only 1 unit is fire-damaged.Studio and garages may have water damages

PG&E has restored electricity to one unit in the triplex.

The 4 duplex units need some electrical repairs from the main line.

Prior to the fire, all units were rented and had passed Section 8 inspections.

Income potential:

Gross monthly income before fire: $8, 516

Gross annual income before fire: $102, 192

Additional features:

Newer roof on both duplexes.

Easy access to freeways, shopping, parks, and public transit.

A few tenants remain in the duplexes, and one tenant remains in the triplex.

With repairs and renovation, this property can be restored to a strong cash-flowing asset and a valuable addition to your portfolio.