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Prime 17-unit investment opportunity in downtown Orange with a strong cap rate and high rental demand. This brick, fully-electric building features 2 two-bedrooms, 9 one-bedrooms, and 6 studios, with separately metered utilities and tenants paying their own electric. One current vacancy allows immediate upside, and all tenants are month-to-month for easy rent adjustments.Property offers a newer roof, coin-op laundry for added income, fire alarm control panel, and 15 paved off-street parking spaces. Excellent location near shops, schools, and commuter routes. Turnkey, cash-flowing asset perfect for portfolio growth or a long-term hold. Part of a 76 unit portfolio (MLS #s: 73459676, 73459673, 73459674, 73459675)
Property Type(s):
Multi Family
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Listing provided by Raquel Medina, Lock and Key Realty Inc.
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