Description
6 unit property with 2 homes with a 4 plex with a 7 car garage! Currently 4.8% CAP at below market rents. Easy access from the 10 frwy at Pennsylvania. Only a few mins from Highland Springs and all the shopping that Beaumont has to offer. All units rented are month to month no section 8, all market) and current except the front house unit will be vacant at close of escrow. Improvements to the house can be done by the owner or new buyer. In turn this will allow the new owner to receive current market rent. Property has been maintained over the years with capital improvements spanning the last 15-20 years. Three units have washer/dryer hookups and three units only have washer hookups (but can easily be converted to include dryers) There is an outside dryer available to those units. All units have their owner gas water heaters. Owner pays water, sewer and trash dumpster (can increase cash flow by converting to individual trash bins instead). Great potential. (Buyer to verify sqft, county/city records, zoning allowed uses, etc - this is located in the City of Beaumont)
-
0BEDS
-
0.4ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
6 unit property with 2 homes with a 4 plex with a 7 car garage! Currently 4.8% CAP at below market rents. Easy access from the 10 frwy at Pennsylvania. Only a few mins from Highland Springs and all the shopping that Beaumont has to offer. All units rented are month to month no section 8, all market) and current except the front house unit will be vacant at close of escrow. Improvements to the house can be done by the owner or new buyer. In turn this will allow the new owner to receive current market rent. Property has been maintained over the years with capital improvements spanning the last 15-20 years. Three units have washer/dryer hookups and three units only have washer hookups (but can easily be converted to include dryers) There is an outside dryer available to those units. All units have their owner gas water heaters. Owner pays water, sewer and trash dumpster (can increase cash flow by converting to individual trash bins instead). Great potential. (Buyer to verify sqft, county/city records, zoning allowed uses, etc - this is located in the City of Beaumont)
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T16:37:00.507. 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 deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.