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Palm Springs Multifamily Triplex! All 3 units are 2 BD + 1 BA (Totaling 6 Bedrooms + 3 Bathrooms) and approximately 800 Square Feet each Fully occupied with great long term, month-to-month tenants. Below market rents with potential to raise rents to $1,500+ per unit, which would gross over $54,000/year. All tenants have separate edison electric & gas meters. Owner pays water (~$70/mo) & trash (~$145/mo). Building totals 2,340 sq. ft. on 2 lots. Totaling 23,086 sq. ft. Giving potential to build additional units. Zoned W-2. Fully renovated in 2007, including new roofs, interiors, windows, stucco, water heaters, plumbing, electrical, fans, ACs, wall furnaces, etc. Since, 2/3 units have been fully upgraded. All kitchen appliances included with sale; 3 refrigerators, stoves, microwaves, dishwashers, disposals. Laundry hook up in each unit. Private fenced backyard. Plenty of parking. Great investment opportunity. Quiet location with amazing mountain views! Low maintenance olive trees and desert cactus landscaping. Riverside County APN #668-360-039 + #668-360-007.
Property Type(s):
Residential Income
| Last Updated | 10/6/2024 | Year Built | 1968 |
|---|---|---|---|
| Community | North End Palm Springs | County | Riverside |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | North End Palm Springs |
| HEAT | Natural Gas |
| HOA DUES | 0 |
| STORIES | 1 |
| VIEW | Yes |
Location
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Listed with Compass
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