5442 Lauretta St
About this property
JUST REDUCED!!! Fantastic location just two blocks from USD. All units have hard surface flooring throughout. Exterior was just repainted in early June, 2024. Laundry room is currently used as storage. New owner might consider putting laundry equipment in that space. One unit is the owners unit, which will be vacant at close of escrow. The currently vacant unit can be rented for $2200 before close of escrow. The two apartments with the lowest rents could be raised within 90 days of close of escrow. According to one mortgage broker it is possible to obtain a 6% interest only loan that will allow for a slightly higher debt amount, lower rate and amortization of principal.
About this property
JUST REDUCED!!! Fantastic location just two blocks from USD. All units have hard surface flooring throughout. Exterior was just repainted in early June, 2024. Laundry room is currently used as storage. New owner might consider putting laundry equipment in that space. One unit is the owners unit, which will be vacant at close of escrow. The currently vacant unit can be rented for $2200 before close of escrow. The two apartments with the lowest rents could be raised within 90 days of close of escrow. According to one mortgage broker it is possible to obtain a 6% interest only loan that will allow for a slightly higher debt amount, lower rate and amortization of principal.
Features and Additional Information
Presented By Ann Marie Hammond
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Brokerage: Apartment Consultants Incorporated 619-299-3000
