Active
$650,000
3 Units
6 Beds
4 Baths
2,574 Area(sq.ft.)
Lot: 9,583 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | 219128633DA |
| Days On Market: | 233 |
| Listing Date: | April 17, 2025 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per ft2: | $ 253 |
| Price per unit: | $ 216,667 |
| Year Built: | 1956 |
Property Details
Great opportunity to own stabilized triplex with future upside in the income potential from increased rents and implementation of RUB's collection for utilities. The property is located on the corner of Cactus Drive and 3rd street, just blocks from downtown Desert Hot Springs. There is a good mix of units including a three (3) bedroom, two (2)bath, two (2) bedroom, one (1) bath, and a one (1) bedroom, one (1) bath which are all currently occupied. Each unit enjoys tile flooring, desert landscaping and an owned solar system that has been covering all electrical costs. Please do not disturb tenants, reach out to Broker formore information.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Net Operating Income: | $ 37,077 |
| Cap Rate: | 5.7% |
| Actual Rent Total: | $ 4,379 |
Structure
| Levels: | Two |
| Sewer: | In Connected and Paid |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Driveway, On street |
Interior
| Cooking Appliances: | Range |
| AC/Cooling: | Central |
| Equipment: | Range/Oven |
| Heating: | Central |
| Laundry Income: | 600.00 |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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