$400,000
$439,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
0.42 Acres Lot
SOLD DATE : 06/01/2018
Key Details
Sold Price $400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 218013808DA
Sold Date 06/01/18
Construction Status Fixer,Repairs Cosmetic
HOA Y/N No
Year Built 1956
Annual Tax Amount $5,474
Tax Year 2016
Lot Size 0.417 Acres
Acres 0.4174
Property Description
One of a kind fixer value added property. Upstairs 3 multi family with 4 commercial units downstairs. ( all need tenant improvements) owner suggest's making it to a hotel or offices downstairs. (Dr. & Real Estate, Tourist, Accounting) This property fronts on the main Hwy 243 Downtown. Want to start in the commerical rentals? This is the entry level building. Scheduled income should be $5,000-$6000 per month with the downstairs commercial and bach unit redone and rented. All of this with a less than $100. per sq. ft. possible use as a rental storage units 8 x 10 or 10 x 10 each rented out at $100-150 per month. can have a night watcheman unit on the ground floor. still makes the payment with down stairs not rented.
Location
State CA
County Riverside
Area 222 - Idyllwild
Interior
Fireplace No
Appliance Electric Water Heater, Water Heater
Exterior
Community Features Park
View Y/N Yes
Total Parking Spaces 10
Private Pool No
Building
Lot Description Corner Lot, Near Park
Story Two
Entry Level Two
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Fixer,Repairs Cosmetic
Others
Senior Community No
Tax ID 565171006
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Shane Stewart • Idyllwild Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner