Anyone who intends on buying for investment purposes should consider purchasing a property with two or more units. By doing this property owners have the opportunity to noticeably increase their monthly rental income by having multiple tenants, rather than only one with a traditional single family home. Purchasing a duplex is a great way to accomplish this.
Currently in the city of vista there are ten multiple units properties for sale ranging from $164,900 to 549,000. The two units, 218 and 220 E. Connecticut Way could be the best buy for two reasons. First the price, at the low end of the range it is offered at only $164,900 which makes it the most affordable of any multi unit property anywhere in North San Diego. The second reason is the central location. 218-220 E. Connecticut Way is less the one half mile from two major roads in Vista, Santa Fe Avenue and Vista Village Drive which offers easy access to the I-78 freeway. The vista transit center which offers train service west to downtown Oceanside and east to Escondido is within walking distance. Also bus service at the nearby transit center offers affordable transportation to locations throughout San Diego County.
The two units are situated on a good sized corner lot with front and back yards, also access from the alley behind the units. 1 car detached garage included with a large storage shed in the back yard. The bank recently completed numerous enhancements and repairs. This is a deal that will not last long!
Unit #1 – 1 Bedroom, 1 Bath, and Approx. 500 Sq. Ft.
Unit #2 – 1 Bedroom, 1 Bath, and Approx. 600 Sq. Ft.
Offered at $164,900
Contact The Lund Team to schedule a showing or speak with a foreclosure specialist
(760) 438-0800 or REO@LundTeam.com
Mon, Aug 17, 2009
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