224 N Inez Street

    Hemet, CA 92543
    • $355,000
    • STATUS: Active
    • ON SITE: 141 days
    • ID#: CV18152332
    UPDATED: 61 min ago
    $355,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,100
      SQFT
    • $169
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Great investment with more than 9% CAP rate this property to be sold together with the adjacent property 226 N Inez as one package .(both properties share the driveway) All units are remodeled and rented Property is being managed by reputable management company. buyer has choice to keep them or not.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T19:36:15.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/85038185

    224 N Inez Street Hemet, CA 92543

    • Price: $355,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: CV18152332
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,100
    SQFT
    $169
    $/SQFT
    1950
    Built
    Neighborhood:
    223 - Hemet/San Jacinto
    County:
    Riverside
    Area:
    223 - Hemet/San Jacinto
    Property Description
    Great investment with more than 9% CAP rate this property to be sold together with the adjacent property 226 N Inez as one package .(both properties share the driveway) All units are remodeled and rented Property is being managed by reputable management company. buyer has choice to keep them or not.
    Exterior Features

    Architectural Style Traditional Construction Materials Drywall Walls Fence YN Yes Fencing Average ConditionWrought Iron Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Asbestos Shingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Built In RangeGarbage Disposal Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Door Features Panel Doors Fireplace Features None Fireplace YN No Interior Features Unfurnished Laundry Features None Levels One Room Type Kitchen

    Property Features

    Accessibility Features Parking Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 9.66 Community Features Urban Country Us Electric Electricity - On Property Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 41700.00 Gross Scheduled Income 45600.00 Insurance Expense 800.00 Land Lease YN No Laundry YN No Maintenance Expense 600.00 Net Operating Income 34282.00 New Construction YN No New Taxes Expense 3078.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number With Dishwasher 1 Number With Disposal 1 Number With Range 1 Operating Expense 7418.00 Property Sub Type Quadruplex Rent Control YN No Security Features Gated Community Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3450.00 Total Expenses 7418.00 Trash Expense 240.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2700.00 Water Source Public Year Built Source Assessor Zoning R3

    Listing provided courtesy of Luis Stigler of Dynasty Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T19:36:15.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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