About 312 E Meats
Investment Opportunity in the Heart of Orange. A rare value-add opportunity for investors: this triplex is priced to reflect two known capital items: a repipe and a new roof over the garage only (with estimates available). Complete the work and step into equity upside. Additional equity opportunity with further renovations. The property is comprised of one 3-bedroom, 2-bath unit and two 2-bedroom, 1-bath units, occupied by long-term tenants in a highly desirable rental pocket. Parking onsite including three garage spaces (2-car and a 1-car), plus an on-site laundry room offering additional income potential. Location is unbeatable: just down the street from Chapman University, the Orange Circle, and all the offerings of Old Town Orange--shops, dining, and services. Got a train to catch? Orange Transportation Center (OTO) is located just 2.7 miles away and the Anaheim Canyon Station is only 3.3 miles out plus easy access to local freeways. This is a well-located, income-producing asset with a clear path to added value.
