THIS IS A FANTASTIC OPPORTUNITY IN AN UP AND COMING LEMON GROVE RESIDENTIAL NEIGHBORHOOD. FOUR DUPLEXES ON A .97 ACRE LOT IN NEED OF SOME TLC, BUT VERY RENTABLE. THREE OF THE DUPLEXES ARE OLDER WOOD CONSTRUCTION. THERE ARE TWO 2 BEDROOM UNITS, TWO 1 BEDROOM UNITS, AND 2 STUDIOS. THE TOTAL COMBINED RENT FOR THOSE 3 DUPLEXES IS $3600/MO. THE NEWER, STUCCO DUPLEX HAS 2 BEDROOMS, 1.75 BATHS, APPROX. 1350 SQ. FT. PER UNIT, AND IS CURRENTLY OCCUPIED BY THE OWNER. EACH UNIT OF THAT DUPLEX HAS A 1 CAR ATTACHED GARAGE, AN INTERIOR LAUNDRY ROOM, AND SHOULD RENT FOR AT LEAST $800/MO. PER UNIT. THERE IS AN ADDITIONAL 1.95 ACRE PARCEL TO THE REAR OF THIS PROPERTY WHICH IS ALSO FOR SALE. THIS PROPERTY HAS GREAT POTENTIAL FOR CURRENT INCOME, AS WELL AS FUTURE DEVELOPMENT POSSIBILITIES. BRING YOUR CLIENTS WHO ARE LOOKING FOR FIXER UNITS AND TURN THIS GOLDEN OPPORTUNITY INTO A CASH COW.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
