Hemet, CA 92544,44083 Palm Avenue
Hemet, CA 92544,44083 Palm Avenue
Hemet, CA 92544,44083 Palm Avenue
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Listed by Lawrence Erickson • Casa Blanca Realty
$879,000
Est. payment /mo
3,018 SqFt
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Key Details

Property Type Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,018 sqft

Price per Sqft $291

MLS Listing ID CROC25102486

HOA Y/N No

Year Built 1955

Lot Size 0.540 Acres

Property Sub-Type OTHER

Source Datashare California Regional

Property Description

Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.

Location

State CA

County Riverside

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Laminate

Fireplace No

Laundry Gas Dryer Hookup, Laundry Room, Other, Inside

Exterior

View None

Building

Lot Description Level, Other, Back Yard


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Bay East AOR and Contra Costa AOR
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44083 Palm Avenue