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  1. House
  2. For Sale
  3. Hemet
Kristopher R. German 595,000 USD

Residential - Other - Hemet, California, United States - United States

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Kristopher R. German

RE/MAX 2000

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595000.0000 USD
1005484002-91 Other RE/MAX 1005484002-91 1005484002-91 https://global.remax.com/en/listings/usa/other/for-sale/hemet/1220-e-campus-way/1005484002-91

Residential - Other - Hemet, California, United States - United States

Other in Hemet, CA

595,000 USD https://global.remax.com/en/listings/usa/other/for-sale/hemet/1220-e-campus-way/1005484002-91 InStock
 
1220 E Campus Way - Hemet, California, United States
Lot Size:
0.22 acre(s)
We are pleased to present this well-positioned triplex that features (1) 3-Bed/2-Bath, (1) 1-Bed/1-Bath, and (1) Studio unit, offering a flexible and diverse unit mix ideal for strong cash flow and tenant demand. Situated on an expansive 9,500+ sq. ft. lot, this single-story triplex provides tenants with private backyards and ample on-site parking, elevating the overall rentability of the property. Extensively renovated, recent capital improvements include updated electrical systems and newly installed private fencing for all units. (2) of the units have new copper plumbing, new split A/C units, new dual-pane windows, new kitchens, modern flooringresulting in low operating costs and minimal deferred maintenance. Each unit is separately metered for electricity, maximizing NOI and reducing landlord expenses. With a GRM of 8.93 and an impressive current Cap Rate of 7.92%, this stabilized asset offers exceptional in-place cash flow with upside potential in rents. Perfect for 1031 buyers, first-time multi-family investors, or seasoned operators seeking strong yield in a low-maintenance asset. Dont miss this rare chance to own a great triplex in a high-demand rental corridor This property is part of a 13 unit portfolio for sale in Hemet (additional Duplex see MLS#CV25148384 and 8 units property see MLS#CV25151759)
Features Description


All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Kristopher R. German - RE/MAX 2000
+1 (626) 956-0188 0 - 99999999 Kristopher R. German Kristopher R. German https://global.remax.com/en/agents/usa/hacienda-heights/kristopher-r-german/1005484002 1221 S Hacienda Blvd
Hacienda Heights, California, United States
91745

Kristopher R. German

RE/MAX 2000

+1 (626) 956-0188 0 - 99999999 USD United States RE/MAX RE/MAX 2000 Hacienda Heights 1221 S Hacienda Blvd
Hacienda Heights, California, United States
91745


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+1 (626) 956-0188 0 - 99999999 Kristopher R. German Kristopher R. German https://global.remax.com/en/agents/usa/hacienda-heights/kristopher-r-german/1005484002 1221 S Hacienda Blvd
Hacienda Heights, California, United States
91745

RE/MAX 2000

1221 S Hacienda Blvd
Hacienda Heights, California, United States
91745
https://2000-hacienda-heights-ca.remax.com/
+1 (626) 956-0188 0 - 99999999 USD United States RE/MAX RE/MAX 2000 Hacienda Heights

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