MLS® ID: 18060603
515 Michigan Boulevard
West Sacramento, California, 95691 $980,000
Newer Medical office always leased 100% full for 16 years. 2012 owner spent $250,000.- upgraded the property. leasable 3900 square feet. 2 story building second floor has outside stair case access. or inside stair case with one passenger chair lift . Very steady income , down stair doctor's lease, due in 2021, and up stair doctor's lease due in 2022. Down stair $3,700.-/m upstair $3,200./m.. Owner paid sewer, Property tax and insurance, tenants pay rest of the expenses. Very High cap 7.28%. .monthly income $6,900.-/m $82,800.-/yr. gross. It is very valuable of commercial property. Come and see this great opportunity. First come first serve.