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$1,100,000
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UPDATED:
12/05/2024 02:28 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219112756DA
HOA Y/N No
Year Built 1966
Property Description
This is the perfect property for your investment. The complex features 5 units each 1 bedroom 1 bath. The ground floor consists of 3 of the units. The Upper level includes 2 units as well as a roof top patio. Total square footage is 2,856 on 0.15 acre lot. The parking offers easy access to the complex. All units have separately metered Electric and Propane Gas. Owner pays water which is billed every other month form the water district. The complex was re-roofed in 2023. The complex is fully rented with below market rents. This Investments is currently sitting at 5% cap rate. Units will be shown for serious inquiries. Seller may be willing to carry.
Location
State CA
County Riverside
Area 222 - Idyllwild
Interior
Heating Propane, Wall Furnace
Cooling None
Flooring Carpet
Fireplace No
Appliance Water Heater
Exterior
Parking Features Driveway
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 559157014
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Special Listing Condition Standard
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Listed by Shane Stewart • Idyllwild Realty