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Traditional, Triplex - Lancaster, CA
***TRIPLEX PROPERTY with an 8.0% CAP RATE*** Located in West Lancaster. Subject property offers 3 units which consists of: Unit#1 (3 bedrooms, 1 bathroom), Unit#2 (2 bedrooms, 1 bathroom), and Unit#3 (2 bedrooms, 1 bathroom). Landlord pays for water & trash. Tenants pay for electricity, and gas. Subject property features NEW EXTERIOR PAINT, and unit#3 offers NEW INTERIOR PAINT, NEW CARPET, TILE COUNTERS in the kitchen, and NEW LAMINATE FLOORING in the kitchen. There is also a detached carport for tenants. Tenants are on a month-to-month lease.
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