$1,100,000
$1,037,500
6.0%For more information regarding the value of a property, please contact us for a free consultation.
0.33 Acres Lot
SOLD DATE : 11/01/2023
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2303652
Sold Date 11/01/23
HOA Y/N No
Year Built 1947
Lot Size 0.332 Acres
Property Description
Welcome to Lemon Grove's hidden gem! This fantastic triplex is a rare find, boasting a MASSIVE BUILDING LOT in an outstanding location. Seize the opportunity to live the ultimate investor's dream or secure your own piece of paradise with the potential for passive income. With two 1-bedroom, 1-bathroom units and a spacious 2-bedroom, 1-bathroom unit, the possibilities are endless. Nestled in a highly sought-after area, this triplex is the epitome of convenience and comfort. Imagine living in one of the cozy 1-bedroom units while gaining financial freedom by renting out the other two. The rental income from the additional units will cover your expenses and more, paving the way to financial prosperity. Calling all investors! This property's potential for expansion is truly awe-inspiring. With the enormous building lot at your disposal, the opportunity to construct more units awaits. Build your portfolio while simultaneously reaping the benefits of three steady rental incomes. It's a win-win scenario that any savvy investor won't want to miss. In addition to its lucrative potential, the neighborhood's charm will capture your heart. Immerse yourself in Lemon Grove's vibrant community, enjoying easy access to amenities, parks, schools, and entertainment. Your tenants will adore the convenience of this location, ensuring your units are always in high demand. Don't let this chance slip through your fingers! Whether you're an ambitious investor looking to expand your real estate empire or a homeowner seeking a property that practically pays for itself, this triplex is the answer to your dreams. Act fast and secure your future today!
Location
State CA
County San Diego
Area 91945 - Lemon Grove
Zoning R-2
Interior
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Gutter(s)
View Y/N No
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Senior Community No
Tax ID 4791001500
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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Bought with Veronica Hosey • Real Broker
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REALTORS® | Lic# 01155199 | 02051274