226 N Clark St Orange, CA 92868

Agent Remarks: Excellent opportunity available for ownership of single level duplex in great Orange location. This duplex property is located on a parcel of land with neighboring parcel also available for sale (two matching duplexes owned by the same seller, please reference MLS PW19182910 for other listing). Each duplex has their own separate parcel number providing flexibility for a buyer to purchase one or both parcels to have ownership of all four units! 228 N. Clark is the left rear unit with interior that has just finished some recent cosmetic updates- new tile flooring in kitchen & bathroom, new bath/shower and new kitchen/bathroom plumbing fixtures. Unit contains updated windows and split A/C and heat units in living & bedrooms. Access to spacious rear grass/yard with new sod. 226 N. Clark is the front left unit which also has updated windows and split A/C and heat units in living room and bedrooms and nicely landscaped front yard. With no common walls between each of the units, there is a shared storage closet and double laundry facility room (each unit has their own access to their own washer/dryer units). On the rear of the property is a detached garage providing a one car garage & parking spot for each unit. This property has had consistent rental demand due to location near the Orange Circle, Chapman University & the train station. Both units are currently leased to wonderful tenants and can provide a potential cap rate of 5.3% when considering proforma calculations.

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