15159 Joy Street, Lake Elsinore, CA 92530
DUPLEX! Don’t miss out on a great opportunity to live in one unit and rent the other to help with the mortgage payments. Two great units in this Duplex. Unit A has 2 Bedrooms and 1 Bathroom; Unit B has 3 bedrooms and 1 Bath. Each tenant has been living there for about 10-12 years. The rents are little less than the area average. Unit A pays $850 and Unit B pays $1,000 / month. Each unit has their separate electric and gas meter, tenants pay their own gas and electric bills. Seller pays for water and trash. The Seller has a copy of a Conventional ‘AS IS Appraisal for this property from a previous Escrow, the Buyers failed to perform. The Appraisal is dated 6-29-21 for $460,000. The Seller has completed a lot of repairs since the appraisal was done and still in the process of doing some repairs scheduled to be completed in the next couple of weeks: The garage doors are being replaced, electrical safety repairs will be done and the termite work completed. This property is being also listed under Residential Income, IG21181421
Published on 2021-08-18 14:43:38