Property Detail

2347 Chestnut St

Livermore CA 94551

$1,699,000

Status: Active

Property Details

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.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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