A Wonderful Investment Opportunity. Seller is flexible with price and/or can help buyer with costs. A Nice 3-Unit Triplex in a Good Neighborhood of Upland, CA. Each unit has One Bedroom, One Full Bathroom, Indoor Washer & Dryer hook-ups, Comfortable Living Room/Dining Room, Roomy Kitchen. Units could use some updating. Seller had each unit updated with new copper plumbing. All have Carpet and Ceramic Tile flooring. Each has a 1-Car Detached Garage, and there is additional street parking. There is a wonderful spacious lawn area and concrete deck area for the triplex that can be enjoyed year round. In addition, there is an open area/space between the triplex building and the garage that could be used as a private covered patio area for additional entertaining. Each apartment has separate gas and electric meters. Rental Information: The current rents for the triplex are low for the area, and have month-to-month tenants. However, the Identical 1Bd./1Ba. Triplex next-door rents out the units for an average of $1350/month, with the highest unit, renting for $1550/month. Comparison Sale: A triplex at 263 S. 3rd Ave. recently sold for $700,000 on 3-25-21. Reasonable offers will be considered. Owner is a retired Realtor/Mortgage Banker. Please do not disturb tenants. Seller suggests making an offer subject to inspection. Thank you for your cooperation!
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