66590 Joseph Way

Desert Hot Springs , CA 92240

MLS#: SW25235051

$680,000

Status: Active
Listing number: SW25235051
Listing provided by: Burton Commercial, Inc.
Listing agent phone: None
Last update: 18 hours ago
New on site 4 days ago
Browse Properties
other - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1986

Sq.Footage

N/A

This is a very nice triplex! Freshly painted stucco building with tile roof. All units are 2 bedrooms 1 baths. Kitchens have been upgraded including cabinets and appliances. Ceiling fans throughout. Tile floors. One car garage for each unit. Central heated and air. All units separately metered with gas and electric that tenants sign up and pay for. Washer and dryer hookups in each unit. One block and walking distance to shopping. This complex really performs. Actual rents are almost at market! And at market rents, we're putting out, $75,600 Annual Gross Income, an impressive 8.99 Gross Rent Multiplier, a seldom seen this good 9.46% Cap Rate, and a robust 16.95% Cash on Cash return. Please see Supplements for details including rent roll, income, and expenses. THESE UNITS ARE REALLY REALLY NICE, INSIDE AND OUT!!! Finally, we have two other triplexes like this that can be bought. Please call for details on a package deal!!!WE WILL DEAL!! MAKE US AN OFFER!!!!! YOU CAN EVEN MAKE A LETTER OF INTENT ID YOU'D LIKE!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.17

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $680,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    264

  • Water Source

    Public

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Location

County

Riverside

Elementary School

Middle School

High School

Listing Courtesy of Tony Burton , Burton Commercial, Inc.

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This is a very nice triplex! Freshly painted stucco building with tile roof. All units are 2 bedrooms 1 baths. Kitchens have been upgraded including cabinets and appliances. Ceiling fans throughout. Tile floors. One car garage for each unit. Central heated and air. All units separately metered with gas and electric that tenants sign up and pay for. Washer and dryer hookups in each unit. One block and walking distance to shopping. This complex really performs. Actual rents are almost at market! And at market rents, we're putting out, $75,600 Annual Gross Income, an impressive 8.99 Gross Rent Multiplier, a seldom seen this good 9.46% Cap Rate, and a robust 16.95% Cash on Cash return. Please see Supplements for details including rent roll, income, and expenses. THESE UNITS ARE REALLY REALLY NICE, INSIDE AND OUT!!! Finally, we have two other triplexes like this that can be bought. Please call for details on a package deal!!!WE WILL DEAL!! MAKE US AN OFFER!!!!! YOU CAN EVEN MAKE A LETTER OF INTENT ID YOU'D LIKE!

66590 Joseph Way

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