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226 East Peck Street, Lake Elsinore CA 92530

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Richard Bell
Vanguard Investment Properties
Listing Source:
ListHub
Features & Amenities

GREAT OPPORTUNITY TO OWN 12 UNITS WITH A DOWN PAYMENT OF UNDER $150,000 (W/ SELLER FINANCING). CASH FLOW ON ACTUAL RENTS. OWNER HAS UPGRADED EXTERIOR AND INTERIORS. ALWAYS A HIGH DEMAND FOR UNITS WITH LOWER RENTS (1 BEDROOMS AND STUDIOS), EVEN IN A RECESSION! STRONG RENTAL LOCATION NEAR DOWNTOWN AND EASY FREEWAY ACCESS. ONLY FIVE BLOCKS FROM THE LAKE. PROPERTY IS LOCATED IN A DESIRABLE NEIGHBORHOOD CONSISTING OF MANY SINGLE FAMILY HOMES. NEWLY CONSTRUCTED HOMES BEHIND PROPERTY. EXCELLENT UPLEG PROPERTY AS PART OF A 1031 EXCHANGE. INCOME SHOWN IS MARKET RENT.

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