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116 Nicobar, Lancaster, CA 93534

$279K2bd · 2ba · 1,300 sqft
Lot 5,007 sqft•Duplex•
Active
•7d on market•MLS# SR-26231266

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!

Features & Amenities

FeeBuilt 1957

Property Details

Land Type
Fee
Year Built
1957
Property Type
Residential
Property Subtype
Duplex
Cooling
None
City
Lancaster
Zip Code
93534
County
Los Angeles
Listed byBeverly and Company, Erick Escobar

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,410.78
Principal & Interest
Loan Amount
$223,200
Total Interest
$284,679
Total Payment Over 30 Years
$507,879
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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