Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.
For sale
Listing Provided by:
Lawrence Erickson DRE #01261483 949-929-7370,
Casa Blanca Realty
Price cut: $20K (7/2)
$879,000
44083 Palm Ave, Hemet, CA 92544
7beds
6baths
3,018sqft
Est.:
Multi Family
Built in 1955
-- sqft lot
$-- Zestimate®
$291/sqft
$-- HOA
What's special
Large lotsUpgraded kitchens and bathroomsInside laundry hookups
- 94 days
- on Zillow |
- 317 |
- 17 |
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