66031 Buena Vista Ave - Multi-Family FOR SALE


Desert Hot Springs, CA 92240
$205,000 USD
951-375-7433
66031 Buena Vista Ave, Desert Hot Springs, CA for Sale
$205,000 USD
Multi-Family - FOR SALE
1/15
null | 9.35% Cap Rate

66031 Buena Vista Ave
Desert Hot Springs, CA 92240


HIGHLIGHTS

  • HAVE TENANT THAT CAN BRING IN AND PAY $2,500 MONTHLY!
  • HUGE ROOM TO ADD ON UNIT CONSTUCTION AND/OR ADU'S
  • BEAUTIFULLY BUILT & UPGRADED KITCHENS
  • NICE LARGE LIVING ROOMS
  • CAN'T BEAT PRICE AND HUGE PROFIT BUILT IN FOR INVESTOR!!

OVERVIEW

This investment is truly the deal of a lifetime!!! Where else can you buy a duplex that has 2&1 and 1&1 for $205,000!!! This both houses have split cooling and heating system. Kitchens are upgraded and very nice. Living rooms are upgraded, roomy, and very nice. New flooring!!! NEWER ROOF AT ONLY 3 YEARS OLD. Have tenant that will step in, if you want him to, to pay $2,500 monthly. The returns on this investment are just outstanding! Our prospective tenant, standing in line to rent is ready to pay $2,500 monthly! That's $30,000 annually, That translates to an unheard of 6.83 Gross Rent Multiplier, a robust 11.98% Cap Rate, and a whopping double digit 29.56% Cash on Cash Return!!! When was the last time you saw returns like that? Please check out income, expenses, rent roll, and returns, in the MARKETING PACKAGE attached. And on can collect this huge income while you're creating tremendous value!!! We're ready to sell this today for only $205,000. I wouldn't miss this opportunity to buy it!!!

FOR SALE DETAILS

PRICE

$205,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

2

PRICE/UNIT

$102,500

CAP RATE

9.35%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

641-031-003

ASK ABOUT THIS PROPERTY

Tony BurtonBurton Apartment RealtorsMore Info
951-375-7433

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Tony BurtonBurton Apartment RealtorsMore Info
951-375-7433

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