Three income producing units on one large lot with additional income opportunities! This triplex was completely renovated in 2012. All three units are completely separated by wood fencing for privacy. A separate entrance opens up to an oversized lot just waiting to be taken advantage for the right purpose whether it's horse boarding/training, nursery, or equipment storage. With two 2 bedroom units and one 3 bedroom unit, this property is cash flowing great at lower than market average rental rates. Current owners just put in over $20,000 worth of upgrades and capital improvements including separate electrical meters to reduce expenses, a brand new hot water heater, and multiple plumbing and roof repairs. All three units are fully leased and rents have not been raised in at least two years. The real opportunity in this property lies within the oversized lot in the rear of the property. The lot has been leveled and cleaned out awaiting the perfect agricultural or livestock business. Along with water-efficient yards, the tenants currently do not pay any utilities which gives any new landlord the opportunity to increase their income from day one by having all tenants pay their own utilities. The property is located within the developing City of Jurupa Valley!
Bathrooms: 0.00
Price: $85,000
For more information about this property, please contact Marc Murano License #01931353 at 951-703-5607 or marcmurano@gmail.com. You can also text 3756175 to 67299.
MLS ID: TR16155689
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