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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$795,000

Est. payment - /mo

7 Beds

4 Baths

8,276 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26234285

Bedrooms 7

Lot Size 8,276 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Three units on the East side of Hemet with an attractive unit mix, Central heat and A/C, garages, and patios. Strong rents give an investor over a 6% cap rate on actual rents and upside by raising rents immediately. All tenants are now eligible for a rent increase. Front unit is a spacious 3 bedroom and 2 baths with a large fenced yard and a 2 car garage. Property has a laundry room for all of the tenants to use, earns owner extra income, but there are laundry hookups in the garage of unit A as well. Other two units are 2 bedroom and 1 bath with a balcony or patio and single car garage. Separate meters for gas and electric to keep owner's expenses low. Property is 100% occupied and has a strong rental history with current tenants all having been there over one year. Low maintenance landscaping helps make this a great opportunity to own a low maintenance Income Property in a growing Hemet market.

Location

State CA

County Riverside

Zoning Assessor

Direction N/Florida St. & W/N. Hemet St.

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 551281006

Acceptable Financing Cash

Listing Terms Cash

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Listed by Richard Bell, DRE#01344469 Bell Realty Group

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker License ID: 01405369

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4200 Trevor Lane Hemet, CA 92544

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information