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44083 Palm Avenue

Hemet, CA 92544
  • $989,000
  • STATUS: ACTIVE
  • ON SITE: 77 Days
  • ID#: OC22040075
UPDATED: 49 min ago
$989,000
  • 6
    BEDS
  • 0.54
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,018
    SQFT
  • $328
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1955
County:

School Ratings & Info

Description

Investors: 4.28 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 cashflow***. Investors: 4.28 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 cashflow***.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.triolorealty.com/homes/126588677
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44083 Palm Avenue Hemet, CA 92544

  • Price: $989,000
  • Status: ACTIVE
  • On Site: 77 Days
  • Updated: 49 min ago
  • ID#: OC22040075
6
Beds
6
Baths
0
½ Baths
0.54
Acres
3,018
SQFT
$328
$/SQFT
1955
Built
Neighborhood:
Riv Cty-Hemet (92544)
County:
Riverside
Area:
Riv Cty-Hemet (92544)
Property Description
Investors: 4.28 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 cashflow***. Investors: 4.28 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 cashflow***.
Exterior Features

Parking Non Garage Description Driveway - Combination Parking Spaces Total 0 Pool N/K Residential Styles Detached Residential Unit Location No Common Walls View N/K

Interior Features

Bath Totals 6 Bedrooms Total 6 Cooling Central Forced Air Equipment Available Gas OvenGas Range Fireplace Fp in Living Room Floor Coverings Laminate Heat Equipment Forced Air Unit Heat Source Natural Gas Laundry Location Laundry RoomInside Laundry Utilities GasWasher Hookup Searchable Rooms All Bedrooms Down Stories 1 Story

Property Features

Assessments N/K Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Miscellaneous Rural Sales Restrictions Standard Sewer Septic Public SewerSewer Paid Terms CashConventionalCash To New Loan Water Public Zoning R-R

San Diego MLS logo Listing provided courtesy of Casa Blanca Realty. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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