**9.65% CAP ON PROFORMA** This is a fantastic opportunity to purchase a value-add duplex with 62% upside in rents, consisting of 3Bedroom/2Bathroom units (1,131 sf each). The property was built in 1986 and is situated on a 8,276sf lot located just off Interstate 10 and close to downtown Palm Springs and everything the Coachella Valley has to offer.
|
DAYS ON MARKET
|
97
|
LAST UPDATED
|
10/18/2024
|
|
TRACT
|
Cathedral Springs
|
YEAR BUILT
|
1986
|
|
COMMUNITY
|
Cathedral City North
|
GARAGE SPACES
|
2.0
|
|
COUNTY
|
Riverside
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Oct 18, '24
|
$615,000
|
| Oct 18, '24 - Today |
$595,000 |
| AIR CONDITIONING |
Yes |
| AREA |
Cathedral City North |
| GARAGE |
Driveway, Garage, Garage Door Opener, Yes |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| LOT |
8276 sq ft |
| PARKING |
Driveway,Garage,Garage Door Opener |
| SEWER |
Other |
| STORIES |
1 |
| SUBDIVISION |
Cathedral Springs |
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Listed with Apartment Realty Group, Inc
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 9:40 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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