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**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.
Property Type(s):
Residential Income
| Last Updated | 10/18/2024 | Tract | Cathedral Springs |
|---|---|---|---|
| Year Built | 1986 | Community | Cathedral City North |
| Garage Spaces | 2.0 | County | Riverside |
Price History
| Prior to Oct 18, '24 | $615,000 |
|---|---|
| Oct 18, '24 - Today | $595,000 |
Additional Details
| 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 |
Location
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Listed with Apartment Realty Group, Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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