Heligan Lane, Montage, Livermore
2 BD, 2 BA |1,180 SF | Wonderful Investment Opportunity | Montage
$588,000
Details
Cute Portico model townhome in the sought after Montage community by Livermore foothill offering two bedroom, two full bath with spacious living & dining room, open kitchen with ample cabinet space & granite countertops, laundry room with washer & dryer, balcony, dual zone heat/air, master suite with walk-in closet. Attached car garage.
HOA amenities include a community pool, spa, gym, playgrounds as well as exterior maintenance, homeowners insurance and water.
Currently rented month to month to a wonderful mature couple who have been renting it since 2016, would like to stay. They are currently paying $2,750 for rent, have been a very low maintenance tenants and have no pets.
Gallery
(Photos were taken in 2016)
| the Tour |
Financial Analysis
Investors with good credit and approx. $215,000 initial capital can break even, collecting $2,750 monthly rent and still make a bit over 3% cash on cash on their initial investment in the form of principal reduction. Here is a link to a detailed cash flow analysis...feel free to contact us for more explanation as needed
Neighborhood
Location Location Location! Walking distance to Las Positas College, and close proximity to Costco, Comcast headquarters, 84 & 580 freeways and future Livermore BART station, makes this property a great investment location with positive future outlook
Don't let this nice opportunity get away...Hurry and give Steve Mohseni a call at 925-400-7533
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Mohseni Real Estate Group - COMPASS
Email: steve@bayareahomefinder.com
DRE#
CalBRE Broker Number: 01527235
760 Camino Ramon, Suite 200, Danville, CA 94526
900 Main Street, Pleasanton, CA 94566