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Key Details
Sold Price $695,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 218030790DA
Sold Date 04/22/19
HOA Y/N No
Year Built 1986
Annual Tax Amount $8,289
Lot Size 0.325 Acres
Property Description
6.0 CAP rate! Where can you find that? Always fully occupied with tenant waiting list. All leases are short term and therefore may be increased at new buyer's discretion. All tenants have been here at least 4 years. Some more than that. Fabulous, centrally located.
Location
State CA
County Riverside
Area 336 - Cathedral City South
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Garage Spaces 8.0
Garage Description 8.0
View Y/N Yes
Total Parking Spaces 14
Private Pool No
Building
Lot Description Landscaped, Level, Paved
Story One
Entry Level One
Foundation Slab
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 673182010
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Igor Mogilevsky • Igor Mogilevsky, Broker
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960