Offered for the first time on the market, 706 Canal St. King City is a fourplex built
in 1973 that has been well maintained by the same family the entire time. Located
directly across from Forden Park in a very nice, quiet neighborhood. Three of the
units are 864 sf 2/1s, one unit is a 1/1 of 595 sf. The building was constructed with
tuck-under carport parking with 6 spaces and a coin-operated washer/dryer. Units
have been upgraded as needed with minimal deferred maintenance throughout.
The tenants have been there for some time thus the rents are below market: $1300,
$1025, $925, and $900 for the one-bedroom. Tenants pay their separately metered
gas & electric; the landlord pays for garbage/sewer as well as the house meter that
serves the exterior lights and gas & electric for the washer/dryer.