116 Nicobar, Lancaster, CA 93534

$279,000
  • 116 Nicobar, Lancaster, CA 93534 Main Photo

3 Photos

New to the Market Active
BEDS2 BATHS2 full SQUARE FEET1,300 MLS#SR26231266
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLancaster

Listing Courtesy of: Beverly and Company
Agency Phone: 805-870-8448
Associate Name: Erick Escobar
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Listing Shown by: Watson Realty
Associate Name: TEAM T.P.G.


Property Description

INVESTOR ALERT! RARE MULTI-PROPERTY INVESTMENT OPPORTUNITY IN LANCASTER! 116 Nicobar Street, Lancaster, CA 93534 ONE PURCHASE. MULTIPLE INCOME OPPORTUNITIES. UNLIMITED POTENTIAL! Attention investors, builders, and developers! Here's your chance to secure an exciting investment opportunity in Lancaster with a duplex that has been stripped down to its interior shell, offering the possibilty of Two bedrooms, one bathroom, living room and kitchen in each seperate unit. PLUS TWO ADDITIONAL LOTS INCLUDED IN THE SALE! 3138-027-003, 3138-027-004 Why settle for one income-producing property when you can invest in a property with the potential for multiple revenue streams? The existing duplex features approximately 1,300 square feet, two units, and separate living spaces, offering an opportunity to generate rental income while planning your next investment move. But the REAL VALUE lies in the expansion potential! Included in this unique offering are TWO ADDITIONAL LOTS, creating an exciting opportunity to explore the construction of additional residential income properties, subject to city approvals, zoning requirements, and permits. Imagine the possibilities: maintain the existing duplex as a rental investment while developing the additional lots to potentially expand your rental portfolio, increase cash flow, and build long-term equity. WHY INVESTORS WILL LOVE THIS OPPORTUNITY: Existing Duplex: Two residential units with rental income potential. Two Additional Lots Included: Valuable land offering potential for future residential development. Multiple Income Streams: Opportunity to expand beyond the existing two units. Build Long-Term Wealth: Explore additional construction to maximize the property's investment potential. Flexible Investment Strategy: Ideal for buy-and-hold investors, builders, developers, and investors looking to expand their portfolios. Lancaster Location: Situated in an established Antelope Valley community. This is more than a duplex - it's an opportunity to turn one investment into a larger income-producing real estate portfolio! DON'T JUST BUY AN INVESTMENT PROPERTY - INVEST IN THE POTENTIAL TO BUILD MORE!

116 Nicobar | MLS# SR26231266

This multi-family property located at 116 Nicobar, Lancaster, CA 93534 is currently listed for sale with an asking price of $279,000. Nicobar is located within the Lancaster school district. Search Lancaster real estate on t-p-g.cce-escrow.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.11 Acres
Stories: 1.0
Year Built: 1957

Amenities

Bedroom on Main Level

Feature Descriptions

Community Features: Urban
Days on Site: 4
Fireplace: None
Laundry: None
Lot: Desert Front
Parcel#: 3138027005
Sewer: Unknown
Units: 2
Water: Public

Local Schools

School District: Lancaster

Listed By / Shown By

Listed By

Agency Name: Beverly and Company
Agent Name: Erick Escobar
Agency Phone: 805-870-8448

agent picture

Shown By

Agent Name: TEAM T.P.G.
Agent Phone:
Agency Title: Watson Realty

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Estimate Your Payment

Estimated Payment

$ 702.31 per month $620.93 Principal & Interest $0.00 Property Tax (data not provided by mls) $81.38 Homeowner's Insurance

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