1145 CHESTNUT Avenue

About This Property

Great investment opportunity with this Triplex on a large lot. Front house is on Chestnut, detached from the rest of the units and includes 4 bedrooms 2 baths with laminate and tile throughout, fireplace in living room, formal dinning room and updated kitchen with tile countertops, gated driveway, with bonus studio unit behind the detached 2 car garage, backyard with brick wall separates the front house from the back units that are located on Virginia ct. Each back unit includes 1 bedroom 1 bath and two 1 car garages with gated driveway. 3 separate gas and electrical meters. Investors this is a cash cow the front unit currently rented for $2,000. a month with a estimated market rent of $2,200. and each 1 bedroom back unit currently rents for $750. each with estimated market rent of $900. each. The studio can bring an additional $500. not calculated in the cape rate. This property is presently being professionally managed. Live in one rent the others?

Unit Mix

• 1 unit · 4bd / 2ba
• 2 units · 1bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?