This 3 unit property is a great investment opportunity just south of Bungalow Heaven. The property includes a recently updated 2 BR/2 BA Bungalow style house with 1000 Sq. Ft., two townhouse style units featuring 3 BR/2.5 BA with roughly 1600 Sq. Ft each. The back units are currently leased with long term tenants on a month to month lease, the front house will be vacated shortly and is currently seeking a new tenant at $2200 a month. This property is in a great central location in Pasadena and is just minutes away from Caltech, Pasadena City College, Old Town Pasadena, The Paseo, the South Lake Shopping District and the Metro Gold Line. All destinations that local residents appreciate. The current owners have never had any difficulty in renting these units in a timely manner and with some updating could easily command higher rental rates. This is a great opportunity to invest in a city that just keeps getting better!
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, Listed on
TONY DOWDY, License# 01347010,
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This 8 bedroom Multi-Family home
for sale in Pasadena, CA
is currently listed for $1,388,000.
Featuring a lot size of 8,444 Sq. Ft.,
617 North Wilson Avenue
was built in 1922 and
has been on ERA.com for 35 days.
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