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Listed by George Gigliotti of Century 21 Masters
The property is a 3 unit triplex in a quiet South Escondido neighborhood. There are two1 bedroom 1 bath units and a 3 bedroom 1 bath unit. Each unit has a 1 car garage. The property has a cash on cash cap rate of 4.4% and a projected cap rate of 5.8%. It is approximately 5 minutes from I-15 and a few additional minutes to freeway 78. It is close to downtown Escondido, North County Mall, and the San Marcos Costco, Walmart, and Home Depot. The units are occupied by long term tenants who pay all utilities except water. The property can only be viewed with an accepted offer which must also include a pre approval loan letter and proof of funds. The Seller will not make any repairs or alterations. Seller to select all services.

Property Details of 1001 1019 S Orange Street

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Based on information submitted to CRMLS as of May 18, 2024 10:52 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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