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Active
970 Hanover Street
Encanto CA, 92114
$900,000
Active
5 Beds
Multi-family
Seller will carry with 10 percent down at a 5.5 percent interest rate. No bank approval needed. Amazing opportunity to get into a duplex with an unpermitted Tiny Home ADU in the back as a third unit. You could absoulety house hack this property and have a small mortgage or no mortgage at all after renting out the tiny home and the top unit. The top unit has a tenant that has been there for 3 years and has always paid rent on time. Tenant just went month to month starting in October after their year lease ended. They would like to stay if possible. There are great views of downtown SD from the top unit. The bottom unit is vacant and ready to be rented out. Each unit is seperately metered and the tiny home is hooked up to the 972 unit. Both units are 2 bedroom 1 bathroom units. The tiny home is 2 stories with a loft upstairs that is perfect size for a bed and some storage. It has a toilet and shower in the bathroom, and a sink in the living room with a vent and space for a small cook top. The home also comes with plans to build a 1200sq ft ADU in the back. The property is almost a half acre with plenty of room to expand and develop for even more cash flow. I have all the disclosures, property inspection, everything you would need to do your due diligence.
SW24216097
MLSⓇ ID
October 20, 2024
Listed
October 22, 2024
Updated
Map
970 Hanover Street
Encanto CA, 92114
Interior Features
Total Stories
1
Bedrooms
5
Appliances
Range/Oven, Refrigerator, Washer
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.55 Acres
Other Property Details
Days on Market
4
Garage
No
View
No
County
San Diego
Pool
No
Pool Features
None
Zoning
Estimated
Listed by Arrive Real Estate, Matthew Schaeffer,
Listing Contact: 951-837-6854
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Data last updated 1:15 AM UTC, 10/22/2024