Description
PRIVATE SELLER FINANCING AVAILABLE!!! We are pleased to offer for sale this 6 unit multi-family investment property in the city of Covina. The units are comprised of 4 spacious two-story townhouse style units, and 2 traditional style apartment units for a total rental square footage of 5,762 SqFT. The unit mix consists of 4(2 Bed/1.5 Bath) two-story townhouses, 1(2 Bed/1 Bath), & 1(1 Bed/1 Bath). Tenants pay for electricity & gas while the owner is responsible for water and trash. The property boasts convenient onsite garage and open space parking, though the laundry room is temporarily closed (providing an opportunity for additional income once operational). Although the owner has done a commendable job managing rental increases, there remains untapped potential for growth and increased cash flow. Seller private financing terms; 25% down payment, 7% interest only payments, due in 10 years.
Location
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Listing Agent: Kristopher German
Listing Office: RE/MAX 2000 REALTY
Attribution contact: 626-956-0188
