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Listed by Tony Burton • Burton Commercial, Inc.
$650,000
Est. payment /mo
7,405 Sqft Lot
Price Dropped by $30K
66590 Joseph WAY Desert Hot Springs, CA 92240
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSW25235051
Year Built 1986
Lot Size 7,405 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
WE HAVE SEVERAL DHS TRIPLEXES AVAILABLE. THIS IS JUST ONE OF THEM. PLEASE CALL FOR THE OTHER TRIPLEXES AND PRICES. WE HAVE SOME INCREDIBLE DEALS FOR YOU. BUT YOU WON'T KNOW THESE OPPORTUNITIES FOR YOUR CLIENTS UNTIL YOU CALL ME. SO CALL ME!!!!!!!! This is a very nice triplex! Freshly painted stucco building with tile roof. All units are 2 bedrooms 1 baths. Kitchens have been upgraded including cabinets and appliances. Ceiling fans throughout. Tile floors. One car garage for each unit. Central heated and air. All units separately metered with gas and electric that tenants sign up and pay for. Washer and dryer hookups in each unit. One block and walking distance to shopping. This complex really performs. Actual rents are almost at market! And at market rents, we're putting out, $75,600 Annual Gross Income, an impressive 8.60 Gross Rent Multiplier, a seldom seen this good 9.94% Cap Rate, and a robust 19.37% Cash on Cash return. Please see Supplements for details including rent roll, income, and expenses. THESE UNITS ARE REALLY REALLY NICE, INSIDE AND OUT!!! Finally, we have two other triplexes like this that can be bought. Please call for details on a package deal!!!WE WILL DEAL!! MAKE US AN OFFER!!!!! YOU CAN EVEN MAKE A LETTER OF INTENT ID YOU'D LIKE!
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Heating Central Forced Air
Laundry 30, 38
Exterior
Garage Spaces 3.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 641291007
Special Listing Condition Not Applicable
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