Say no to paying 6% and ask me about my commission packages
Courtesy of: Meghan Shigo | Century 21 Award
Purchase Type: Sale
MLS ID: PW20186867
Days On Market: 217
Year Build: 1922
Lot size: 0.126
Status: Active Under Contract
Style: Custom Built
Property Type: Residential Income
New Construction: No
Heating: Central, See Remarks
Fireplaces Features: Decorative
Exterior Features: Awning(s)
Swimming Pool: No
Utilities: Sewer Connected
Address: 217 N Olive Street
Neighborhood: 78 - Anaheim East Of Harbor, Other (othr)
Pool Features: None
Property Taxes: $0
THIS PROPERTY HAS THE BEST RETURN OUT OF ALL PROPERTIES LISTED IN ANAHEIM! MILLS ACT = TAX SAVINGS OF HUNDREDS AND HUNDREDS PER MONTH! There are not many opportunities like this, in fact, this is the only opportunity of this nature for the last several years! A Mills Act income property! There are two meticulously maintained buildings and a two car detached garage. Building one has a long front porch and a foyer entry, similar to what you would see on the east coast. Entering the foyer you have a common greeting space and access to the downstairs, two bedroom unit, or upstairs there are two one bedroom units one with a bonus room. There is an adorable cottage on the other side of the back yard which also has one bedroom.
The entire property was completely renovated during 2012 and 2013. New plumbing, electrical wiring, and a sewer line all the way out to the street was also put in. A new roof was put on the front building, which houses Apartments A, B, and C, as well as the back cottage and the garage. All units are cableready. Garage comes with 4 stackable washer/gas dryer units and 3 storage units. The tankless, gas water heater in the garage serves the washing machines.
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