37540 Van Fleet St - Multi-Family FOR SALE


Cathedral City, CA 92234
$590,000 USD
747-900-3116
37540 Van Fleet St, Cathedral City, CA for Sale
$590,000 USD
Multi-Family - FOR SALE
1/17
null | 6.98% Cap Rate

37540 Van Fleet St
Cathedral City, CA 92234


HIGHLIGHTS

  • Walking Distance to the new Agua Caliente Casino
  • Minutes from Rancho Mirage
  • High potential for profitability

OVERVIEW

Prime Investment Opportunity - Fully Occupied Income Property! This well-maintained and updated tri-plex consists a total of 4 bedrooms and 4 bathrooms. The property sits on a generous 9,500sqft lot and offers ample parking, including a carport. Located just minutes from the new Agua Caliente Casino, shopping centers, restaurants, and Rancho Mirage - with even more retail developments on the way. A solid income-producing property in a rapidly growing area. Property is sold AS-IS, WHERE-IS and in its present condition. Seller will not make any repairs nor credits or price reductions and Buyer may not make repairs prior to COE either. Drive-By-Only! All units are tenant occupied. Each unit is on month to month lease basis. Listing agent is related to seller. Seller and Listing Agent and Broker make no representations or warranties expressed or implied. Buyer is advised to do their own due diligence in determining all information, including but not limited to permits and uses, square footage, lot lines, and any and all information, prior to closing.

FOR SALE DETAILS

PRICE

$590,000 USD

PRICE/SF

$313 USD /SF

# OF UNITS

3

PRICE/UNIT

$196,667

CAP RATE

6.98%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

687-241-039

ASK ABOUT THIS PROPERTY

Christina BalianPinnacle Estate Properties, Inc.More Info
747-900-3116

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Christina BalianPinnacle Estate Properties, Inc.More Info
747-900-3116

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.