7227 Saranac Street is a turn key investment strategically located in College East next to San Diego State University. The subject property consists of Six (6) Three-Bedroom, Three-bathroom units. Unit rents currently range $2,750-$2,900 each. Tenants pay all utilities. Near by comps of this size fetch $3,000+. The fully loaded units feature washer and dryers, HVAC systems, raised ceilings, views towards Lake Murry and on-site parking. The property is located just 2 miles away from Division 1 school, San Diego State University and a little over two miles from La Mesa Boulevard while also being two blocks south of El Cajon Boulevard. Both thoroughfares are main retail corridors. The property also offers tenants direct access to trolley and bus transit. The 70th Street trolley line offers ample parking. Direct access to SDSU.
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Listing information last updated on October 16th, 2019 at 9:32am PDT.