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(619) 241-1490
Real Estate Company
4200 Trevor Lane, Hemet, CA 92544
- $795,000
- List Price
- $795,000
- Status
- ACTIVE
- MLS#
- PW26234285
- Year Built
- 1978
- Lot Size
- 8,276
- Acres
- 0.19
- Lot Location
- Level
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
Property Description
Three units on the East side of Hemet with an attractive unit mix, Central heat and A/C, garages, and patios. Strong rents give an investor over a 6% cap rate on actual rents and upside by raising rents immediately. All tenants are now eligible for a rent increase. Front unit is a spacious 3 bedroom and 2 baths with a large fenced yard and a 2 car garage. Property has a laundry room for all of the tenants to use, earns owner extra income, but there are laundry hookups in the garage of unit A as well. Other two units are 2 bedroom and 1 bath with a balcony or patio and single car garage. Separate meters for gas and electric to keep owner's expenses low. Property is 100% occupied and has a strong rental history with current tenants all having been there over one year. Low maintenance landscaping helps make this a great opportunity to own a low maintenance Income Property in a growing Hemet market.
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Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Exterior Construction
- Drywall, Wood Siding
- Roof
- Composition
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $71,400
- Operating Expense
- 19278
Listing courtesy of Listing Agent: Richard Bell (richard@bellrealtyca.com) from Listing Office: Bell Realty Group.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.