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Listed by Lawrence Erickson • Casa Blanca Realty
$879,000
Est. payment /mo
0.54 Acres Lot
Active
44083 Palm AVE Hemet, CA 92544
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25102486
Year Built 1955
Lot Size 0.540 Acres
Property Sub-Type Triplex
Source California Regional MLS
Property Description
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.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Rooms
Kitchen Oven Range - Gas, Oven - Gas
Interior
Heating Forced Air, Gas
Cooling Central AC
Flooring Laminate
Laundry Gas Hookup, In Laundry Room, 30, Other
Exterior
Parking Features Other
Pool None
View None
Building
Lot Description Grade - Level
Story One Story
Sewer Sewer Available
Water District - Public
Others
Tax ID 549130020
Special Listing Condition Not Applicable
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