501 S 30Th St

Property Overview
Well-maintained 4-unit complex with significant upside potential. All units rent below market, with three substantially under area rates. The property features four larger-than-average units that are two bedroom one bath each, four detached covered parking garages that could be converted to ADUs under new state overlay, and a spacious backyard suitable for additional ADU development. Fully occupied with strong rental demand. Recent upgrades include new roofs, one remodeled unit, interior wall insulation, flooring, stucco & window upgrades. Laundry hookups available for coin/card-op conversion. See current cap rate 6.17% and proforma 9.25%, view in disclosure packet. Low 3% interest rate avalible for investors with large downpayment. Contact listing agent for details.
Home Details
- Property type
- ResidentialIncome - Quadruplex
- Year built
- 1965
- Lot size
- 6,400 sq ft
- Parking
- 4 spaces
- Days on market
- 57
- MLS status
- Active
Features & Amenities
Parking
- Garage
- On Street
Lot
- Back Yard
- Corner Lot
- Front Yard
Community, Schools & Utilities
Community
- Subdivision
- RICHMOND
Utilities
- Heating
- WallFurnace
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions
Homeowner resources
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“Reza was the best agent we have ever worked with.”— Russell & Susan McQueen
Listing Agent

