Tuesday, November 11, 2008

Arcadia 2 Units Residential Income Property $708,000

Units: 2
Bldngs: 2
Yr Built: 1948
SqFt: 1,818
Lot SqFt: 6,756

Description: New Price ! New Attitude !Excellent investment or end user property. 2 units in North arcadia. Rent $1,400 & $1,500. Very good clean condition. each with 2 spacious bedrooms and one bath. all tenants are on month to month lease and the rent is lower than current market rate. potential to increase. close to shops, schools, & transportation. Seller motivates! property to be sold in as is condition.

Gross Sched Income: $34,800
Net Oper Income: $33,700
Operating Expense$/%: $1,140

Sprte Elctrc Mtrs: 2
Gas Meters: 2
Water Meters: 1



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