66590 Joseph Way new Save Request In-Person Tour Request Virtual Tour
Desert Hot Springs,CA 92240
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW25235051
Year Built 1986
Lot Size 7,405 Sqft
Property Sub-Type Triplex
Property Description
This is a very nice triplex! Freshly painted stucco building with tile roof. All units are 2 bedrooms 1 baths. Kitchens have been upgraded including cabinets and appliances. Ceiling fans throughout. Tile floors. One car garage for each unit. Central heated and air. All units separately metered with gas and electric that tenants sign up and pay for. Washer and dryer hookups in each unit. One block and walking distance to shopping. This complex really performs. Actual rents are almost at market! And at market rents, we're putting out, $75,600 Annual Gross Income, an impressive 8.99 Gross Rent Multiplier, a seldom seen this good 9.46% Cap Rate, and a robust 16.95% Cash on Cash return. Please see Supplements for details including rent roll, income, and expenses.
THESE UNITS ARE REALLY REALLY NICE, INSIDE AND OUT!!! Finally, we have two other triplexes like this that can be bought. Please call for details on a package deal!!!WE WILL DEAL!! MAKE US AN OFFER!!!!! YOU CAN EVEN MAKE A LETTER OF INTENT ID YOU'D LIKE!
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Heating Central
Fireplaces Type None
Laundry Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs,Gutter(s)
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard