Great corner lot triplex investment! Block and brick stucco exterior triplex with a metal roof installed in 2011. All units have 2 paved parking spaces, 2 bedrooms, 1 bathroom, a laundry room, and back door to the common backyard. Unit 1 has a long term tenant that has been there since 2000. Unit 1 pays $500 a month plus $40 a month for water. Unit 2 will be vacant by the end of March. Unit 2 rent is $550 a month plus $40 a month for water. Unit 3 pays $635 a month plus $20 a month for water. The kitchen in Unit 3 was remodeled in 2004 and includes ceramic tile throughout. Each unit has a separate electric meter. Annual gross income is $21,420. Annual expenses: Taxes $2,193.07, Water and Sewer $420, Lawn maintenance $1,430, Pest control $400. Net annual income based on current tenants is $16,971.93. Based on the property manager once unit 2 is empty, the unit could be leased for $650 a month with water fee added. Call today and grow your investment portfolio or have your tenants pay the mortgage!
Sold Date:
05/09/2022
Taxes
$2,193(2022)
Lot Size
9,380 SQFT
Type
Multifamily
Year Built
1974
County
Lake County
Listed By
Misty Noland, ERA Grizzard Real Estate
Bought with Peter Dang, Nexthome Alliance Realty
Source STELLAR Last checked Apr 30 2026 at 9:01 AM GMT+0000
Based on information submitted to the MLS GRID as of 4/30/2026 09:01. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Description