Hesperia duplex priced to sell! These are so rare to see come up for sale that you have to jump on them. These are long term tenants already in place. Unit A is ONE bedroom & ONE bathroom and are on a month-to-month basis for $550 a month. Unit B two bedrooms & ONE bathroom that is rented for $650. The owner does not have any deposits. I believe this property is rented under market value and rents could be increased to $750 & $800 (which is possible) that would make it a 6.5 cap rate! Drive by only, do NOT disturb the tenants. All offers subject to interior inspection. Buyer to verify all including square footage. Great VALUE ADD opportunity!
Hesperia duplex priced to sell! These are so rare to see come up for sale that you have to jump on them. These are long term tenants already in place. Unit A is ONE bedroom & ONE bathroom and are on a month-to-month basis for $550 a month. Unit B two bedrooms & ONE bathroom that is rented for $650. The owner does not have any deposits. I believe this property is rented under market value and rents could be increased to $750 & $800 (which is possible) that would make it a 6.5 cap rate! Drive by only, do NOT disturb the tenants. All offers subject to interior inspection. Buyer to verify all including square footage. Great VALUE ADD opportunity!