Multi-family building, 6 beds 4 baths, 2,470 sf, 5,904 sf lot
Unit #1: 4 beds, 2 baths, $2475/mo
Unit #2: 1 bed, 1 bath, $975/mo
Unit #3: 1 bed, 1 bath, $950/mo
Tri-plex Back on Market! Fantastic Investment Opportunity with long term tenants and low maintenance. Property has new windows, partial copper plumbing, newer roof and new exterior siding and paint. Current rents are $4100 /month, owner willing to help increase to $4400/month prior to close of escrow. There is additional upside potential with market rents being $4750/month. All tenants would like to stay long term but owner can vacate a unit if desired. Units are separately metered and tenants pay ALL their own utilities including trash! Owner only pays water/sewer which is $60/month total. This is a low maintenance low expense property. Large 4 bedroom front house has refinished oak cabinets and granite counters, hand scraped espresso laminate floors, recessed lighting, and all new windows. Laundry inside as well. Beautiful staircase to upstairs large master approx 300 sq ft. Private driveway for front house which fits 2-3 cars. Large back yard. Gated parking in back for the two one bedroom units.
- Built 1912
- Units: 3
Listed by Steven Lamb, Long Beach Real EstateCMRL #PW15237150APN: #7267017021
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