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Key Details
Sold Price $340,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Rancho Ramon
MLS Listing ID 218014444DA
Sold Date 08/31/18
Construction Status UpdatedRemodeled
HOA Y/N No
Year Built 1985
Annual Tax Amount $3,077
Tax Year 2007
Lot Size 8,276 Sqft
Acres 0.19
Property Description
$50,000 below comps --- 9 cap rate. REMODELED duplex. 6 bedrooms, 4 bathrooms, FULLY LEASED with MO-TO-MO leases therefore rents can be raised at new owner's discretion. Both units are identical to each other = 3 very large bedrooms, 2 large bathrooms. Zero landscape maintenance, water expense is $50/MO.
Location
State CA
County Riverside
Area 336 - Cathedral City South
Interior
Heating ForcedAir, NaturalGas
Cooling Electric
Fireplace No
Appliance GasWaterHeater, WaterHeater
Exterior
Garage Spaces 8.0
Carport Spaces 6
Garage Description 8.0
Roof Type Composition,Shingle
Total Parking Spaces 14
Building
Lot Description Level, NearPublicTransit
Story One
Entry Level One
Foundation Slab
Level or Stories One
Construction Status UpdatedRemodeled
Others
Senior Community No
Tax ID 680442039
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
Financing Conventional
Special Listing Condition Standard
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Bought with Out Side Agent • Out Side Broker Office
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