COMMERCIAL/RESIDENTIAL HWY 20 LANDMARK BUILDING 2 storefronts, 3 apartments, 4046 sf m/l, across the road from the lovely county lakefront park with fabulous lake views. Great business visibility to attract customers. All rented except for one unit. Adjacent property also for sale, for additional parking if you want it. Seller finance on $40,000 down, 5%APR, $1757 month, 5 yrs. Returns $2,375 monthly for over 16% annual return, showing $1,064 positive cashflow exclusive of principal reduction. Amazing opportunity, even greater potential.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Multi-Family (2-4 Units) located at 6014 East Highway 20, Lucerne, CA 95458 is currently for sale.
6014 East Highway 20, Lucerne is listed for $175,000.
This property has approximately 4,046 square feet.
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