523 E OAK STREET

INVESTMENT OPPORTUNITY WITH A GREAT RENTAL RETURN!! The hard work here is done with all three rental units move in ready! The possibilities are endless, you could live in one unit and have 2 other rentals or just rent out all 3 units. The main house is set up as a Duplex right now with a 1 bedroom 1 bath unit (rented) with updated flooring and bathroom and a 2 bedroom 1 bath (rented) unit on the other side that has new kitchen, updated bath and beautifully finished floors. There is a massive attic area for storage or potential to be finished into a fourth rental- studio apartment style. The detached 2 car garage is currently being used for storage and has a 3rd unit above it with 1 bedroom and 1 bath refinished and being rented out as an Airbnb! The house has a metal roof, has been re-wired and has new plumbing. There is a large parking pad behind the home and several additional parking spots just off the road in front of the garage. The rentals offer shared laundry for all three units to access. Some furnishing will come with the rentals and owner financing is a possibility. Current rental rates are 1/1-$30 per night, 2/1-$45 per night, 1/1-Carriage House-$70 per night for the first 7 nights, reduced to $40 for longer stays and $100 cleaning fee. The Carriage House is one of two advertised Airbnb’s in Arcadia and is typically booked full several months in advance!