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725-731 E 16th Street National City, CA 91950
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$6,365**Owner may carry with 40% down** Location, location.... this is what you've been waiting for with one of the best locations in National City! Amazingly LOW-MAINTENANCE 4-unit INCOME property in the heart of National City, featuring 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. Two-car garage plus 4 off-street parking spaces. Generates $7173 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with appx 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ years… Looking for even MORE INCOME? Buyer MAY be able to convert the garage into an ADU/5th unit. Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Shown ONLY with an accepted offer.
2 months ago | Listing first seen online | |
2 months ago | Listing updated with changes from the MLS® |
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Data last update at 2024
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