23285 Highway 243 Active

Idyllwild,CA 92549

$ 1100000

5 Beds

5 Baths

2830 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 2,830 sqft

Price per Sqft $388

MLS Listing ID 219112756

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1966

Property Description

This is the perfect property for your investment. The complex features 5 units each 1 bedroom 1 bath. The ground floor consists of 3 of the units. The Upper level includes 2 units as well as a roof top patio. Total square footage is 2,856 on 0.15 acre lot. The parking offers easy access to the complex. All units have separately metered Electric and Propane Gas. Owner pays water which is billed every other month form the water district. The complex was re-roofed in 2023. The complex is fully rented with below market rents. This Investments is currently sitting at 5% cap rate. Units will be shown for serious inquiries. Seller may be willing to carry.

Location

State CA

County Riverside

Area 222 - Idyllwild

Interior

Heating Wall Furnace

Cooling None

Fireplace false

Exterior

Exterior Feature Balcony

View Y/N false

Private Pool No

Building

Story 2

Entry Level Two

Sewer Septic Tank

Level or Stories Two

Others

Senior Community No

Acceptable Financing Cash,Conventional,Owner May Carry

Listing Terms Cash,Conventional,Owner May Carry

Special Listing Condition Standard

View More
Favorite Go Tour