Attention investors! This well-maintained, semi-detached 3-family property in the vibrant neighborhood of Corona offers a turnkey investment opportunity with no vacancy downtime. Completely renovated in 2016, this solid building features two stories plus a finished basement with a private entrance. With a detached 2-car garage at the rear, this property… Read More has the potential for even more rental income or added convenience for tenants. The layout includes: - First Floor: Spacious 5-bedroom, 2.5-bathroom unit perfect for larger households. - Second Floor: Two separate units, both offering comfortable living spaces with natural light flooding in through the windows of every room, thanks to the semi-detached design. - Finished Basement with separate entrance, offering potential for additional use or storage. The building is fully equipped with separate utilities, including 4 electric meters, 4 gas meters, and 4 boilers, allowing tenants to cover their own utilities. This setup ensures low overhead for the landlord, making it a highly efficient, hassle-free investment. All units are occupied with reliable tenants on month-to-month leases, providing immediate cash flow with zero vacancy downtime. Conveniently located near public transportation, popular dining spots, and a wide range of retail stores, this property offers unmatched convenience for tenants and is in a high-demand rental area. With a solid 6% cap rate, this is an ideal property to add to your investment portfolio, providing both strong returns and long-term value. Read Less
Listing Courtesy of Winzone Realty Inc, 917-607-3902.
Listing Snapshot
Days Online
32
Last Updated
Property Type
Triplex
Beds
9
Full Baths
6
Lot Size
0.06 Acres
Year Built
1930
MLS Number
837142
30 Days Snapshot Of 11368
$644k
+1%
(avg) sold price
4
+100%
homes sold
167
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Description: "Finished"
Building
Building Area: 2480, Construction Materials: "Brick", Year Built: 1930, Effective Year built: 2016
Cooling
Details: "Wall/Window Unit(s)"
Garage
Garage Spaces: 2
Heating
Heating: "Baseboard"
Lot
Acres: 0.0598
Parking
Parking Total: 2
Utilities
Sewer: "Public Sewer", Water Source: "Public", Utilities: "Electricity Connected", "Natural Gas Connected", "Water Connected"
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The data relating to real estate for sale on this website comes courtesy of ONEKEY as distributed by MLS GRID. 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. Listings last updated on ,
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