Short Street Fourplex

Newer construction quadplex in Lathrop has all the elements of the perfect rental property, newer construction, everything submetered, 100% two bedroom units, in-unit laundry, on site parking, and nearly in-place 1% rule. Consider house hacking and living in one unit rent-free or expand your rental portfolio with a 30 year fixed rate loan. Can also be combined with MLS #2524760 for six more new construction units next door! Do not miss your chance to own this Lathrop quadplex!

The Value Add Play: Get all the units up to market rent as leases expire.

Why We Love It: Built in 2000, great per-door pricing for in-place income and property vintage. In-Unit Laundry and on site parking. Well below replacement cost.

Challenges: Smaller markets are harder to find reliable property management in. Current owner has a good PM in place who is doing a great job and wants to stay on with the new owner.