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Welcome to this fantastic investment opportunity in Cherry Valley, CA! This newly renovated property features 7 thoughtfully designed units, each offering the convenience of in-unit laundry hookups, central air conditioning, and heating.Out of the 7 units, 6 are equipped with their own private 1-car garage, providing secure and convenient parking for tenants. Each unit is designed with comfort and practicality in mind, making them highly attractive to prospective renters. With its blend of essential amenities and potential for rental income, this property presents an exceptional opportunity for investors or property managers looking to expand their portfolio. The strategic location in Cherry Valley ensures consistent demand and offers a promising return on investment. Don’t miss out on the chance to own this versatile and income-generating asset! Currently generates $17,750 in rental income, rent increase potential. Seller financing available.
Last Updated | 8/2/2024 | Tract | Solera (SLRA) |
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Year Built | 1961 | Community | Banning/Beaumont/Cherry Valley |
Garage Spaces | 6.0 | County | Riverside |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Banning/Beaumont/Cherry Valley |
GARAGE | Driveway, Garage, Yes |
HEAT | Central |
LOT | 1.86 acre(s) |
LOT DESCRIPTION | 2-5 Units/Acre |
PARKING | Driveway,Garage |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
SUBDIVISION | Solera (SLRA) |
WATER | Public |
ZONING | R-2 |
Location
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