511 N 5th, Port Hueneme, ResidentialIncome

511 N. 5th St presents a rare opportunity for both an investor or an owner-user to acquire a triplex in the sought-after coastal community of Port Hueneme. Situated on a street-to-street lot, the property features a detached 2BD/1BA home plus garage and a separately accessed duplex composed of 1BD/1BA units each with single car garages. Each dwelling is equipped with its own separate gas, electricity, and water meter greatly reducing the expense load for an owner. Tenants pay all utilities including trash. Each unit also has laundry hookups.The property is conveniently located approximately one mile from Port Hueneme Beach and Pier and attracts a diverse range of tenants from the nearby Naval Base, employees of the Port of Hueneme, and the region’s surrounding agricultural workforce while benefiting from being situated in an extremely low turnover coastal marketplace. The unique attributes of this property which includes 2 detached structures, garage spaces, laundry hookups, separately metered utilities and separate yard spaces make this attractive for both investors and owner users.