$505,000
$498,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
SOLD DATE : 01/23/2024
Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV23146429
Sold Date 01/23/24
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
EXCELLENT OPORTUNITY TO OWN THIS RENTAL INCOME PROPERTY. It's a very good monthly/yearly income, great Investment with a 8% cap rate. can get this cap rate no where, palm Springs is 4,5 Cap Rate. 3 units describe as the first unit is 3/1 = 3 bed, one full bath, second unit 1/1 = one bed, one full bath, third unit is 1/1 = one bed, one full bath. off street parking 6 spaces, Property build on 1958 but fully remodeled on 2015, Good condition This property has Lots of potential!!!!! Do not miss this opportunity There is nothing like this on the market inventory is very Low. Property is offered "as-is" as!!! Seller is very motivated.
Location
State CA
County Riverside
Zoning Assessor
Direction North on Palm Dr, Right on Camino Campero and right on Via Montana.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Bought with MARITZA GUTIERREZ REALTY ONE GROUP HOMELINK
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "