$ 1,680,000
-
$1,680,000
Price -
0
Bed - Bath
-
0
SqFt
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About the Listing CDAR-d24164 - CDAR-d84192
Rare opportunity to acquire 7 single-story units on a quiet street in an up-and-coming residential neighborhood featuring newly remodeled larger, modern homes. The building has great curb appeal on a large lot that could potentially be further developed. There are 6, 1-bed 1-bath units and 1, 2-bed 2-bath unit. Each unit has a small enclosed front patio, adding to the desirability. Most units have thoroughly updated kitchens, flooring, air conditioning, and window treatments, and are contemporary, not dated. Bathrooms are modern, and each unit is kept painted. All 7 units have separate gas and electric meters. An on-site laundry provides additional income and attracts tenants. There are multiple long-term tenants. Proforma Rent 109,920 + Laundry 797.95 = 110717.95 Gross RevenueExpenses: Taxes - 22,086.16; Insurance 4,864.50; Electric 1,025.08; Gas - 1,254.01; Water - 886.27; Landscaping - 2,400 = 29,350.66 Total Expenses Net Income : 81,367.29
Listing Highlights for 27700 Avenida Terrazo
Status
Active
Days on Site
59
Property Type
Multi-Family
MLS ®
219132613DA
Year Built
1983
Total Square Footage
0
Lot/Acreage
0.43
County
Riverside
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: Water Heater
- Air Cond: Heat Pump,Gas,Electric,Central Air
- Heating: Central,Heat Pump
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others: 2+ Total Units
- Sewer: Unknown
- Parking Features: Guest,Unassigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 677173055
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
27700 Avenida Terrazo Cathedral City, CA 92234
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