Comm Ri Multi-units 5+ For Sale
16,391 Sqft - 903 Kains Ave, ALBANY, California 94706
Property Description
903 Kains Ave is a mixed-use property in the City of Albany centrally located on the corner of Solano and Kains Avenues. Five spacious – 1bd/1ba, one – 2bd/1ba & 3 retail spaces. Sep. met. for gas/elect. & water. Sec. park. for 6 cars, on-site coin laundry. Huge rent upside. 8.55% prof. cap rate.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40762546
Price : $2,850,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 16,391 Sqft
Year Built : 1946
Lot Area : 0.21 Sqft
Features
Heating System : Wall Furnace
Roof : Other, Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : ALBANY
Zipcode : 94706
Street : Kains Ave
Street Number : 903
Floor Number : 0
Longitude : W123° 42' 8.5''
Latitude : N37° 53' 24.4''
MLS Addon
Office Name : Colliers International
Building Type : Lowrise (1-3 Flrs)
Area : Albany
Address : 903 Kains Ave
Cross Street : Solano Ave
LA1User Code : 183504786
LA1Agent First Name : Richard
LA1Agent Last Name : Martini
Status Category : Sold
Tot # Parking Spaces : 6
Tot # of Units : 10
List $/SqFt : $174
Age : 70
Apx Lot Sq Ft : 9,187 Sqft
Type of Building : Apt Complex
Annual Taxes : $42,721
Total Deposits : $0
ADDTL FEATURES MISC. : Wired For Cable Tv, Security Building
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator
EQUIPMENT ADDITIONAL : Garage Door Opener, Water Heater Gas
EXTERIOR : Stucco
FLOORING : Linoleum, Carpet, Hardwood Floors
LOT DESCRIPTION : Level, Corner
ON-SITE PARKING DESC : Security Garage, Covered Parking
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Management, Other, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water, Miscellaneous/other
SEPARATE METERS : Electric, Gas, Water
TENANT PAYS : Cable Tv, Electric, Gas, Water
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated, Laundry Equip - Leased
Census Tract : 4201
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $3,850
2nd Loan Balance : $199,536
Tot Other Loans : $615
Financial Data Verif(Y/N) : 4.15
FINANCIAL DATA SOURCE : Owner, Tax Return
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,850,000
Sold Price : $3,900,000
Previous Price : $2,850,000
Sale $/SqFt : $0
