Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1949
Sq.Footage
2,808
** GREAT NEW PRICE ** Solid income property and the chance to add four doors to your portfolio for instant cash flow in an area that continues to see huge investment. Seller is looking to sell these two separate fee simple duplexes (each duplex has two units that are 2/1's, for a total of 4 units and 8 bedrooms / 4 baths). Each property is separately deeded but seller intends to sell them together for inherent value. Because they are deeded separately you WILL NOT be able to do a single conventional loan, but can do an investor-type portfolio loan, or better yet... make a cash offer! Three of the units have been rented in the $850 to $900 / mo range with all three leases on a month to month basis. The fourth unit was recently leased for $1100 per month and that tenant can exit with a 60 day notice if necessary. These units rent quickly and current rents are probably below market so great candidate for increased ROI. All units separately metered. Roofs were replaced in 2023 and 2024. Updated plumbing and electric. Windows and doors on most units have been recently replaced as well for insurability. Units are rented and sold without appliances. No central heat and air but tenants can install wall units. We are now priced to sell. Schedule your showing today. ** PLEASE do not disturb tenants! **
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
None, Space Heater
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
Common
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.3
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$539,900
-
Tax Amount
3137.0
-
Sq. Footage
2, 808
-
Price/SqFt
$192
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
4
-
Water Source
Public
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Location
County
Orange
Elementary School
Middle School
High School
Listing Courtesy of Mike Derenthal , LPT REALTY
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Business Coach | Executive Sales Associate | Realtor®
MichaelGraf
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