40320 Johnston Ave, Hemet, CA 92544
4 Unit Apartment Building | $749,000 ($187,250/Unit) | Hemet, CA 92544
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $749,000
- Property Type
-
Multifamily
- Square Feet
- 5,304 SF
Listing Contacts
Alan Siebenaler
Verified Profile
- Property Info
Property Overview
STRONG CASH FLOW FOUR UNIT PROPERTY WITH $6,280 A MONTH IN RENTAL INCOME ON JUST UNDER AN ACRE. THE FRONT HOUSE HAS FOUR BEDROOMS AND TWO BATHS AND A SEPARATE STUDIO UNIT WITH VAULTED CEILINGS AND A HUGE WOOD BURNING FIREPLACE. ALSO ON THE LOT THERE IS A THREE BEDROOM ONE BATH HOUSE AND A FOUR BEDROOM ONE BATH HOUSE ALL FULLY RENTED. AT THE BACK END OF THE PROPERTY THERE IS EVEN MORE ROOM TO ADD UP TO TWO ADU'S OR TINY HOUSES (CHECK WITH CITY) FOR EVEN MORE ADDITIONAL INCOME ON THIS CASH FLOW OPPORTUNITY.
Property Details
- Class
- C
- Year Built
- 1953
- Stories
- 1
- Lot Size (sq. ft)
- 30,492 SF
- Units
- 4
Highlights
- String Cash Flow
- Large Lot to add up to 2 ADU's / Tiny Homes (Check with city)
- Great neighborhood location
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