45110 Elm Avenue

THE ADDRESS AT THE STREET READS: 45114 ELM AVE. ONE UNIT (3+2 house) CAN RENT AS HIGH AS $2200/mo - POSSIBLY $3,000/mo, SECOND UNIT PAYS $750/m AND THIRD UNIT PAYS $750/mo. THE TENANTS STAY WITH THE PROPERTY AT TIME OF PURCHASE. EACH UNIT HAS IT'S OWN UTILITY METER FOR GAS AND ELECTRIC. HOWEVER, THEY ALL SHARE THE WATER METER. THERE ARE LAUNDRY HOOK UPS IN THE FRONT HOUSE A 3+2 UNIT. THERE ARE NO LAUNDRY FACILITIES FOR THE TWO 1+1 UNITS. THE FRONT HOUSE HAS TWO OFF STREET PARKING SLOTS. THE TWO STUDIO UNITS EACH HAVE ONE CARPORT STALL. SPECIFICS: MAIN HOUSE CAN RENT AS HIGH AS $2200+, STUDIOS AT $750 & $750 A MONTH; last date of rent increase - EVERY FEB EACH YEAR; tenants are current with rents. Expenses paid by landlord other than taxes and insurance - WATER AT $50/MO & TRASH AT $50/MO Approximately; the approximate size of each unit - House is about 1125q ft, other two units are each about 300 sq ft. The square footages are estimates and buyer to rely on own findings. The buyer must be responsible for own investigations as to size of dwellings and lot. THE GARAGE MIGHT BE ABLE TO BE CONVERTED INTO TO AN ADU, HOWEVER THE BUYER IS TO VERIFY THIS WITH THE LOCAL BUILDING AND SAFETY DEPARTMENT, BUT IF APPROVED THIS WOULD CREATE MORE INCOME. THE ROOF ON THE MAIN HOUSE IS NEW.