FULLY RENTED... Large Covington Fourplex with 3 beds, 2 baths front unit, 2 units with 2 beds, 1 bath and 1 unit with 1 bed, bath. Long term tenants and easy to rent out. Great investment for owner user as well. Live in one unit and collect rents from the other 3 units. Sellers replace new roof, new five car garage doors and exterior paint. Separate laundry unit that can count as additional income. There is total of five car garage and one outdoor parking space for guess. Each unit has its own electric and gas meter. The property is centralized with walking distance to all the shops, banks and markets. Short and easy access to freeway 5 and 91. Current Cap Rate is 4.18% with the new tax rate. INVESTOR CAN INCREASE TO 4.83% CAP RATE WITH THE PROFORMA INCOME.
Address1811 W Gramercy Ave
AreaAnaheim East of Harbor
# of Garages5
Garage - 1 Car, Garage - 2 Car, On street, Parking for Guests
The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.