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Sold for $650,000 on 02/26/25
  • Listing Provided by: 

    FATOU DIALLO DRE #01427528 909-816-0436,

    Top Producers Realty Partners, Inc.

    $650,000

    199 N Inez St, Hemet, CA 92543

    --beds
    --baths
    2,000sqft
    Quadruplex
    Built in 1964
    -- sqft lot
    $645,900 Zestimate®
    $325/sqft
    $3,055 Estimated rent

    What's special

    Explore the heartbeat of Hemet with an unmatched lucrative investment. Nestled in downtown Hemet are two income generating fourplexes at 199 North Inez and 191 Inez, offering a total of eight diligently remodeled units. This is an investor’s dream, perfect for those seeking the top cash flow in the areas. Why you will love it! All units have undergone recent remodeling, ensuring a fresh, contemporary feel. Each one bedroom, one bath single story apartment has been upgraded with a dual-pane windows, tile flooring throughout. And newer water heaters. Each tenant enjoy private fenced yard, provident personal private outdoor space. Plus with washer and dryer hookups in every unit, daily life is made easy and independent. *Efficient Utilities* Landlord and tenants alike will appreciate the separate Gaz and electric meters, allowing for direct billing and simplicity. Additional touches include individual hot water heaters so that tenants can enjoy uninterrupted showers and energy efficiency. Endless parking options!!! Say goodbye to parking worries. Both properties offer ample parking spaces for tenants and the convenience of an off street parking lot. **The investor edge** Double the opportunity, with the two property listed separately but ready to sell together, you gain immediate access to a prime investment with eight units producing high cash flow, with potential of more return. LOCATION, LOCATION, LOCATION. Positioned in the serene downtown Hemet, your tenants will love the walk ability and charm. Close access to all local amenities. Priced to sell!!! These fourplexes promise both instant return and lasting potential!!!!!

    Zillow last checked: 7 hours ago

    Listing updated: February 26, 2025 at 06:46pm

    Listing Provided by:

    FATOU DIALLO DRE #01427528 909-816-0436,

    Top Producers Realty Partners, Inc.

    Bought with:

    Erick Montes, DRE #01773315

    Team Z Realty

    Source: CRMLS,MLS#: IV24236462MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Central
    Appliances
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,000
    • Total interior livable area: 2,000 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front door
    • Pool features: None
    Lot
    • Size: 5,663 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 443223018
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Hemet

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $645,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $645,900