Residential Income - Palm Springs, CA
Mid-Century 4 plex income property in South end Palm Springs. Pride-of-ownership and very well maintained. Consists of two 2br/1ba, one 2br/2ba, one 1br/1ba units. Could be reconverted to 5 units for another $1000 per month of income. All floors are stained cement, exterior windows have been replaced, retiled bathrooms, newer kitchens, all units share a courtyard as well as have a private outdoor space. Current rents are believed to be under market. All 4 units have their own electric and gas meters. There is a community laundry and off-street assigned parking for each unit plus 3 guest parking. Live in one unit and rent the rest. Drive by only DO NOT DISTURB TENANTS. Cap rate on projected rents is 7.50.
Would you like more information regarding this property?
Please call (760) 327-3990.
Data Provided by:
Combined LA Westside Multiple Listing Service, Inc