2347 Chestnut St, Livermore, CA 94551

$1,699,000

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List Price
$1,699,000
Status
ACTIVE
MLS#
41147006
Year Built
1968
Lot Size
7,508
Acres
0.17
Days on Market
11
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
North Livermore

Property Description

GREAT INVESTMENT OPPORTUNITY. First time on the market in 30 years. All 4 units are 2 bedroom, 1 bath. Property is in excellent condition. New facia and paint last year. Roof in excellent shape, dual pane windows and nice landscaping. More recently a new driveway, new electrical panels in each unit, all new wall heaters and air conditioning. Separate community laundry room, carport parking. Two of the units have long term tenants MTM of 15+ years@ $2,500/month. TWO UNITS VACANT. Vacant unit #3 just completely remodeled while vacant unit #2 was remodeled a few years ago. The two units are vacant to show with tenants in waiting @ $2,500 if new owner requests. Tenant moved to another of the owner's properties for easement of showing/sale. This property is turnkey bringing in lOK monthly. Same owner/property manager for 30 years - don't miss this Livermore "cash cow". Buyer to cooperate with 1031 exchange.

Additional Information

Appliances
Gas Water Heater
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Dan Schaefer (dan_schaefer@comcast.net) from Listing Office: Monument Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.