Description
Welcome to an investors dream. This is a rare opportunity to own a 3-unit property in Glendora. Each unit boasts long-term tenants with over 5 years of residence, offering stability and consistent rental income. Situated within walking distance to both Finkbiner Park and Glendora Skate Park, this location offers the perfect blend of outdoor recreation and convenience. With a solid 4.2% cap rate, this investment opportunity promises attractive returns. Front unit rent is $2,250, side unit rent is $875, and back unit rent is $1,150, totaling $4,275 gross income per month. The property falls within an amazing school district, adding to its appeal for families and ensuring strong demand. Glendora's rental market is robust, further highlighting the investment potential. Don't miss out on this chance to secure a property in a sought-after location with dependable tenants and promising financial prospects. Act now and capitalize on the allure of Glendora's rental market!
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3BEDS
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0.19ACRES
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3BATHS
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01/2 BATHS
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1,863SQFT
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$536$/SQFT
Description
Welcome to an investors dream. This is a rare opportunity to own a 3-unit property in Glendora. Each unit boasts long-term tenants with over 5 years of residence, offering stability and consistent rental income. Situated within walking distance to both Finkbiner Park and Glendora Skate Park, this location offers the perfect blend of outdoor recreation and convenience. With a solid 4.2% cap rate, this investment opportunity promises attractive returns. Front unit rent is $2,250, side unit rent is $875, and back unit rent is $1,150, totaling $4,275 gross income per month. The property falls within an amazing school district, adding to its appeal for families and ensuring strong demand. Glendora's rental market is robust, further highlighting the investment potential. Don't miss out on this chance to secure a property in a sought-after location with dependable tenants and promising financial prospects. Act now and capitalize on the allure of Glendora's rental market!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-27T09:27:34.287. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Frank Kenny Real Estate Team | eXp Realty of California. Licensed in the State of California, USA.