Low maintenance triplex centrally located in the City of Orange with good proximity to public transportation, employment, shopping, restaurants and entertainment. Each unit includes 2 bedrooms, 1 bath, private patio, and one car garage. There is a tenant laundry area with coin operated machines and additional parking at the rear of the building. Each unit has some upgrades and 'near-new' appliances distributed appropriately throughout. Long-term (20, 12, and 7 yr) tenants are month-to-month and paying well below current market rent. Rents in the area are estimated to be around $1300/month increasing the CAP rate to 6.1%. Additional addresses are 251 and 255 S. Park Ln.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
