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$595,000
Est. payment /mo
6 Beds
4 Baths
1,131 SqFt
UPDATED:
11/05/2024 06:38 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,131 sqft
Price per Sqft $526
MLS Listing ID 240019725
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1986
Property Description
**9.65% CAP ON PROFORMA** This is a fantastic opportunity to purchase a value-add duplex with 62% upside in rents, consisting of 3Bedroom/2Bathroom units (1,131 sf each). The property was built in 1986 and is situated on a 8,276sf lot located just off Interstate 10 and close to downtown Palm Springs and everything the Coachella Valley has to offer.
Location
State CA
County Riverside
Area Riv Cty-Cathedral City (92234)
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Stucco
Roof Type Tile/Clay
Building
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Acceptable Financing Other/Remarks
Space Rent $1,850
Listing Terms Other/Remarks
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Listed by Angelo Joseph La Bruna III • Apartment Realty Group (ARG)
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "