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  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Single Family Residence
Levels Residential
Size 2459 sqft
Garage No
Taxes 
Days Active 86
Lot Size 
Approx. Age 1936
Avg. Price Per Sqft $487
MLS® Number IG25069123

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Introducing a unique investment opportunity awaited by astute investors and developers alike. A charming quadraplex, minimal maintenance property, with few operating expenses, nestled in the scenic neighborhood of Palm Springs. This property boasts a diverse unit mix, including one spacious 2-bedroom, 1-bath unit, two comfortable 1-bedroom, 1-bath units, and one extra-large studio with one bathroom and a separate kitchen. These units combine ample living space with functional design that maximizes space and comfort. Each unit has its own washer & dryer and electric meter. Parking is never an issue, with assigned parking for each tenant. This quadraplex is not just a place to live, it is an investment in comfort and convenience, promising long-term rental income prospects and immediate returns with a Cap rate of about 7. Location is the ace in the hole for this property! Centrally located to several golf courses nearby for convenience, and popular courses a bit farther out. A short stroll away is the Ramon at Indian Canyon bus station, placing convenience right on your tenant's doorstep. The Grocery Outlet is a mere stone's throw away for your grocery runs. Tahquitz Canyon offers acres of natural beauty that is less than a mile away for those moments when grounding calls. It’s the perfect backdrop for those Instagram-worthy sunset pics or a serene morning jog! Whether you're looking to live in one unit and accommodate multiple tenants in the other units, this property blends functionality with charm, set against the picturesque backdrop of Palm Springs. Turn this property into your profitable income property or your private oasis— or why not a bit of both? Opportunities are knocking; make sure you're home!Show Description
MLS® NumberIG25069123
Laundry LevelWasher Hookup, Outside, Stacked
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1936
Basement
DrivewayAssigned
Garage Spaces
HeatDuctless, Energy Star Qualified Equipment
A/CDuctless, Energy Star Qualified Equipment, See Remarks
Heating Fuel

Extras

Rooms

Show Details
Other:Not available
Bedroom 1:Not available

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