6 Beds
5 Baths
2,100 SqFt
6 Beds
5 Baths
2,100 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $266
Subdivision North Indio Ranchos
MLS Listing ID 219150003
Bedrooms 6
Full Baths 3
Half Baths 1
Three Quarter Bath 1
HOA Y/N No
Year Built 1972
Lot Size 7,841 Sqft
Property Sub-Type Single Family Residence
Property Description
We present a unique opportunity for investors seeking steady cash flow and long-term appreciation. This multi-unit property, located in North Indio, generates monthly rental income with stable month-to-month tenants currently in place.
Why this property?
· Insatiable demand: North Indio is experiencing a residential and commercial boom, driven by the expansion of the Coachella Valley.
· Guaranteed appreciation: Housing developments and shopping centers in the area are driving land values up year after year.
· Low-maintenance units.
The rental market in this area has a 96% occupancy rate, and prices per square foot have risen 18% over the last 24 months. Key fact: The city council has just approved a new commercial district just 5 minutes away, which will skyrocket demand over the next 12 months.
Don't let this gem slip away: properties with this income-appreciation profile sell in under 15 days in Indio. Your next recurring income stream awaits.
Location
State CA
County Riverside
Area 311 - Indio Central
Interior
Heating Other
Cooling Air Conditioning
Fireplace false
Exterior
View Y/N false
Private Pool No
Building
Story 1
Entry Level Ground
Sewer Unknown
Level or Stories Ground
Others
Senior Community No
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Special Listing Condition Standard
Nearby Locations
Agent | License ID: S.0190553 | DRE 02166059
+1(760) 567-3436 | katarina@craftbauer.com