13 room house_ FSBO/OFF MARKET

[Terry C.]

Available now in E. Palo Alto! Seller is very motivated to sell property "As Is" this property produces steady & great cash flow yearly income $120k -$140k . Potential $300K (if running a senior care business) per year. House size 3,909sqft Lot 6,450, Cap rate is 7% most Bay Area properties similar to this property rent cap rate is 1-3%. Desirable location and 0.3 mile to FaceBook head office, 2-3 miles to Stanford University and Google head office. This property was a senior care property when owner purchased 6 yrs ago. Owner rented to a business who operates senior care business. A fire on the property occurred in 2012. Owner rebuilt damaged area! Everything is new & meets with new code standards! New 48 interior fire sprinklers throughout the property including above the basement everything is new! Please contact if interested. Only serious cash buying investors with Verifiable proof of funds! No financing available! Let Diane know that Terry referred you! Greatly appreciated!