REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 497,000
Est. payment | /mo
5 Beds
3 Baths
2,204 SqFt
$ 497,000
Est. payment | /mo
5 Beds
3 Baths
2,204 SqFt
Open House
Sat Sep 05, 10:00am - 1:00pm
Sun Sep 06, 10:00am - 1:00pm
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $225
MLS Listing ID 219152134
Bedrooms 5
Three Quarter Bath 3
HOA Y/N No
Year Built 1955
Lot Size 7,841 Sqft
Property Description
INVESTMENT OPPORTUNITY IN COACHELLA! Whether you're an investor looking to add an income-producing property to your portfolio or a first-time buyer looking for a property that can help offset your monthly mortgage, this one offers plenty of possibilities!
The property is currently configured with THREE separate living areas. The main unit features 2 bedrooms and 1 bathroom with updated flooring throughout most of the home, along with fresh interior and exterior paint. Attached to the main structure is an additional living area currently configured as a spacious 1-bedroom, 1-bath apartment featuring an oversized bedroom.
The separate 2-bedroom, 1-bath unit was updated approximately three years ago and is currently tenant occupied at $1,800 per month, providing immediate rental income from day one.
Additional improvements include roof work completed within approximately the past five years on the first unit. With an existing tenant already producing income and additional living areas offering further rental potential, this property presents an excellent opportunity to live in one unit while collecting rent, accommodate extended family, or maximize the property's income-producing potential.
Don't miss this unique Coachella investment opportunity!
Property is reflected as a DUPLEX in public/title records and is currently configured with three separate living areas. Buyer and buyer's agent to independently verify permits, square footage, unit configuration, zoning, rental potential, and all information with the City of Coachella and appropriate governmental agencies.
The property is currently configured with THREE separate living areas. The main unit features 2 bedrooms and 1 bathroom with updated flooring throughout most of the home, along with fresh interior and exterior paint. Attached to the main structure is an additional living area currently configured as a spacious 1-bedroom, 1-bath apartment featuring an oversized bedroom.
The separate 2-bedroom, 1-bath unit was updated approximately three years ago and is currently tenant occupied at $1,800 per month, providing immediate rental income from day one.
Additional improvements include roof work completed within approximately the past five years on the first unit. With an existing tenant already producing income and additional living areas offering further rental potential, this property presents an excellent opportunity to live in one unit while collecting rent, accommodate extended family, or maximize the property's income-producing potential.
Don't miss this unique Coachella investment opportunity!
Property is reflected as a DUPLEX in public/title records and is currently configured with three separate living areas. Buyer and buyer's agent to independently verify permits, square footage, unit configuration, zoning, rental potential, and all information with the City of Coachella and appropriate governmental agencies.
Location
State CA
County Riverside
Area 315 - Coachella
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
View Y/N false
Private Pool No
Building
Story 1
Entry Level One
Sewer Assessments
Level or Stories One
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, Submit, VA Loan
Listing Terms Cash, Conventional, FHA, Submit, VA Loan
Special Listing Condition Standard
Listed by Emerge Home Services