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$250,000
Est. payment /mo
6 Beds
4 Baths
8,276 Sqft Lot
UPDATED:
12/12/2024 06:49 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24139798
Bedrooms 6
HOA Y/N No
Lot Size 8,276 Sqft
Property Description
330 Stewart St is a two unit apartment located in Blythe. Constructed in 1989 and sitting on a large 8,276 SF Lot. Property consists of (2) 3 Bedroom / 2 Bath units totaling 1,848 SF. One of the leases is at $1,400 and the other unit is ready for move in! The property has two on-site parking with 1 car per unit. This investment presents a turnkey opportunity at 8.05 GRM and 7.25% Cap Rate on current rents. All units are separately metered for gas and electricity. Tenant is on a month to month lease. Property will be sold as is. The entire building has a brand new roof, flooring, kitchens, paint, and plumbing. This is a good opportunity for an owner user or investment!
330 Stewart St is a two unit apartment located in Blythe. Constructed in 1989 and sitting on a large 8,276 SF Lot. Property consists of (2) 3 Bedroom / 2 Bath units totaling 1,848 SF. One of the leases is at $1,400 and the other unit is ready for move in! The property has two on-site parking with 1 car per unit. This investment presents a turnkey opportunity at 8.05 GRM and 7.25% Cap Rate on current rents. All units are separately metered for gas and electricity. Tenant is on a month to month lease. Property will be sold as is. The entire building has a brand new roof, flooring, kitchens, paint, and plumbing. This is a good opportunity for an owner user or investment!
330 Stewart St is a two unit apartment located in Blythe. Constructed in 1989 and sitting on a large 8,276 SF Lot. Property consists of (2) 3 Bedroom / 2 Bath units totaling 1,848 SF. One of the leases is at $1,400 and the other unit is ready for move in! The property has two on-site parking with 1 car per unit. This investment presents a turnkey opportunity at 8.05 GRM and 7.25% Cap Rate on current rents. All units are separately metered for gas and electricity. Tenant is on a month to month lease. Property will be sold as is. The entire building has a brand new roof, flooring, kitchens, paint, and plumbing. This is a good opportunity for an owner user or investment!
Location
State CA
County Riverside
Area Riv Cty-Blythe (92225)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Fence Other/Remarks
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $3
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Space Rent $1,400
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
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Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.
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