Investment opportunity! This 4-unit income property offers a great opportunity for investors looking to add a multi-unit asset with existing rental income to their portfolio. The property consists of two separate buildings with a desirable unit mix of three 2-bedroom, 1-bath units and one studio unit.
The property has benefited from updates throughout, including one recently refreshed unit featuring new flooring and interior paint, while other units have also received improvements over time. Cooling options vary by unit, with some offering central A/C and others equipped with wall A/C units.
All units are currently occupied by month-to-month tenants at established rents, providing immediate income along with future flexibility for an investor. The property offers a relatively low-maintenance setup and multiple income streams under one ownership. With four units, two separate structures, existing tenants, and improvements already completed, this is an opportunity to acquire an income-producing property with long-term investment potential.
Buyer and buyer’s agent to independently verify all property information, unit configuration, rents, expenses, permits, square footage, and other details to their satisfaction.
Features
7 bedrooms
4 bathrooms
2286 sq. ft. floor area
crop_free8276 sq. ft. lot size
cottageDuplex
Property history for 99340 Lookout Drive
2016
Sold
$150,000
02 Sep 2016 by Luis Frias, of Desert Choice Realty
2014
Sold
$55,125
30 Jan 2014 by Veronica Morin, of Oza Realty
Happy sellers in North Shore
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Local market activity for 7 bedroom duplexes in North Shore
Sold
For Sale
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