4 HOUSES ON ONE PARCEL - ALL RENTED!
There are 4 houses on one parcel. What a goldmine! They each have their own mailing address and two face Marguerite Ave. They were built between 1936 and 1954, have a total of 3853 sf per county records and the lot is 20,800 sf, almost half an acre. These are all rented with long term tenants, within walking distance to a park and to a school that is K-8th. Total income is $2200/mo. Each house is separately metered and tenants pay all utilities. No immediate repairs are necessary, but the exterior could use a little TLC.
The county lists 2637 sf detached living area which is 3853 total sf. The parcel is large enough it could be divided into two if you choose. Three out of four houses have a detached shed for storage. Two have an A/C and two have Evap Coolers. They have all had some remodeling done at some point with tile and newer cabinets. All interiors are in good condition and have not been vacant for quite some time. One roof is new last year, one roof is two years old. All tenants are long term on month to month. In most units the kitchen appliances belong to the owner, the washer/dryers belong to the tenants. Ask for a complete list of details.