The Best Residential Investment Property in Santa Clarita…Bar None!
Newhall, CA four-plex with huge cash flows – $429,000.
Property can qualify for a 3.5% down payment FHA loan (up to 4 units). Total investment is approximately $20k. Get your initial investment back in 10 months!
Please contact me if you or anyone you know is interested.
What makes this a killer investment?
- 4 separate structures on one lot (8 bedrooms total)
- 2 units added (not reflected by assessor)
- Front house 3/2
- Rear duplex 3/1 on left side, 1/1 on right side
- Studio (newly constructed)
- 6,250 sq. ft. lot size
- Originally built in 1927
- All tenants on leases (100% occupied)
- Gross scheduled income $63,600 ($5,300 per/mo)
- NOI (net operating income) $56,200 ($4,683 per/mo)
- Approximately $2,000+ positive cash flow per month (assuming FHA loan payments)
- Old Town Newhall redevelopment zone
Click on this link for more information, photos, and maps:
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