$129,000
$129,000
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4 Beds
2 Baths
1,465 SqFt
SOLD DATE : 02/21/2017
Key Details
Sold Price $129,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,465 sqft
Price per Sqft $88
Subdivision Not Applicable-1
MLS Listing ID 216035260DA
Sold Date 02/21/17
Bedrooms 4
Three Quarter Bath 2
HOA Y/N No
Year Built 1947
Lot Size 6,534 Sqft
Property Description
Great Duplex Investment! Seller will entertain incentives to buyer. Each unit has 2 bedrooms 1 bath, private gated driveways patio areas and front/backyard, Washer and Dryer hookups inside each unit. Live in one unit and rent the other unit. Front unit has great tenant, Unit A currently rented at $550 per month, Unit B currently empty and will be kept that way for showings. Unit B previously Rented at $525 per month rents have not been increased since tenant been in possession and are under market value. One water meter, Owner pays water. Previous Annual Gross Rents = $12,900, Annual Water Average for 2015 = $953.09, Annual Insurance = $645.96, Annual Trash (paid monthly) = $542.64, 2015 Net Operating Income = $9,750.97 Cap Rate at 7.5%. Rent has not been increased and are due for an increase. Do not disturb tenant, drive by only. The MLS pics reflect unit B.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Attached Carport, Driveway, Shared Driveway
Carport Spaces 1
View Y/N No
Porch Wood
Attached Garage No
Total Parking Spaces 3
Private Pool No
Building
Lot Description Sprinklers Manual
Story One
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 641041034
Acceptable Financing Cash to New Loan, Conventional, FHA
Listing Terms Cash to New Loan, Conventional, FHA
Financing FHA
Special Listing Condition Standard
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Bought with Gia Lyons • Gia Lyons, Broker