CA > Hemet
Hemet, CA 92544,44083 Palm Avenue
Hemet, CA 92544,44083 Palm Avenue
Hemet, CA 92544,44083 Palm Avenue
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$899,000
Est. payment /mo
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7 Beds
6 Baths
0.54 Acres Lot
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44083 Palm Avenue Hemet, CA 92544

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Ben Ruiz

Ben Ruiz

+1(619) 733-4635

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25102486

Bedrooms 7

HOA Y/N No

Lot Size 0.540 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.
Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.

Location

State CA

County Riverside

Area Riv Cty-Hemet (92544)

Zoning Assessor

Interior

Heating Natural Gas

Cooling Central Forced Air

Appliance Forced Air Unit

Building

Story 1

Sewer Sewer Connected

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,625

Listing Terms Cash, Conventional

San Diego Regional MLS (SDMLS)
Listed by Lawrence Erickson • Casa Blanca Realty

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agent

Ben Ruiz

Broker Associate | License ID: 00948586

+1(619) 733-4635

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44083 Palm Avenue

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