Incredible opportunity for a savvy investor in the heart of Palm Springs. Huge lot totaling 1.14. Village with allow up to 6 units built on property. Unit 1 is a 2/1 rented for $2500 on month to month. Unit 2 is 1/1 rented for $1200. Unit 3 is a 1/1 that is vacant which could rent for around $1200. The property is on city water and sewer with one meter. There is a washer and dryer onsite that everybody has access too. Roof is approximately 7 years old. Tenants are on month to month and this truly is a great opportunity for the right investor.
Incredible opportunity for a savvy investor in the heart of Palm Springs. Huge lot totaling 1.14. Village with allow up to 6 units built on property. Unit 1 is a 2/1 rented for $2500 on month to month. Unit 2 is 1/1 rented for $1200. Unit 3 is a 1/1 that is vacant which could rent for around $1200. The property is on city water and sewer with one meter. There is a washer and dryer onsite that everybody has access too. Roof is approximately 7 years old. Tenants are on month to month and this truly is a great opportunity for the right investor.
Features
Building and Construction
Absolute Longitude: 80.103636
Construction: CBS
Exterior Features: None
Flooring: Terrazzo Floor
Roof: Comp Shingle
Sqft Source: Other
Sqft Total: 2435.00
Total Building Sqft: 1831.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212116581394000000
Land Information
Lot Description: 1 to < 2 Acres
Subdivision Information: None
Eco-Communities
Private Pool: No
Storm Protection: None
Waterfront Details: None
Utilities
Carport Spaces: 0.00
Cooling: Central, Wall-Win A/C
Heating: Central, Window/Wall
Number Of Stories: 1.0
Separate Elec Meters: No
Separate Wtr Meters: No
Utilities: Public Sewer, Public Water
Finance and Tax Information
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 52000.00
Income Expenses Annual Total Expense: 6800.00
Income Expenses Gross Operating Inc: 58800.00
Source Of Expenses: Owner
Tax Year: 2024
Rental Information
Tenant Pays: Cable, Electric, Sewer, Water
Other Features
Avail Info: None
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: 7-44-43~ N 170 FT OF S 210 FT OF W 1/4 OF SW 1/4 OF SW 1/4 (LESS W 40 FT RD R/W)
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