Active
$1,245,000
4%
3 Units
12 Beds
6 Baths
3,000 Area(sq.ft.)
Lot: 6,970 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 4 | 2 | No | $ 2,500 | $ 2,500 | $ 2,500 |
| Unit 2 | 2 | 5 | 2 | No | $ 3,500 | $ 3,500 | $ 3,500 |
| Unit 3 | 3 | 3 | 2 | No | $ 2,200 | $ 2,200 | $ 2,200 |
| 6 | 23 | 12 | $ 16,100 | $ 16,100 | $ 16,100 |
| MLS #: | 24-459515 |
| Days On Market: | 399 |
| Listing Date: | November 2, 2024 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per ft2: | $ 415 |
| Price per unit: | $ 415,000 |
| Year Built: | 2006 |
Property Details
Huge $50k price reduction making this cash generating property even more attractive..! Looking for a cash flow positive property with great tenants...? Take advantage of this great 3 unit opportunity with $8450 income per month. This amazing property has been remodeled and waiting for its new landlord. Two buildings - one main house with 5 bed/ 2 baths, second building is a duplex with 4 beds/ 2 baths and 3 bed/ 2 baths. Convenient to freeway/ shopping. Drive by only please - offers subject to interior inspection.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Gross Operating Income: | $ 98,400 |
| Total Annual Expense: | $ 14,000 |
| Net Operating Income: | $ 98,400 |
| Gross Annual Income: | $ 98,400 |
| Cap Rate: | 12.7% |
| Gross Rent Multiplier: | 12.70 |
| Actual Gross Rent: | $ 98,400 |
| Actual Rent Total: | $ 98,400 |
Structure
| Type of Units: | 3 units |
| Buildings: | 2 |
| Levels: | One |
Land & Parking
| Parking Garage: | Driveway |
Interior
| Cooking Appliances: | Electric |
| AC/Cooling: | Other, Air Conditioning |
| Equipment: | Built-Ins |
| Heating: | Other, Forced Air |
| Laundry: | Community |
Exterior
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