517 Stannage Avenue

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517 Stannage Avenue

Albany, CA 94706-1236
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

4 Units <ul><li>​Fantastic Albany Location</li><li>​5.72% Cap / 10.43 GRM (Current)</li><li>​Beautiful Owner's Unit Vacant for Move-In</li><li>​Albany School District</li><li>​6.09% Cap / 10.01 GRM (Market)</li><li>​Value-Add Opportunity: Capture rental upside through continued interior modernization.</li><li>​Transit Oriented: Approximately .6 miles from El Cerrito Plaza BART.</li><li>​Prime Location: Situated just three blocks from the premier Solano Avenue corridor.</li><li>​Minimal Deferred Maintena

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times