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$449,000
Est. payment /mo
1 Bed
1 Bath
5,663 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25069097
Bedrooms 1
HOA Y/N No
Lot Size 5,663 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
A great investment opportunity located in the heart of Hemet, centrally positioned near major shopping centers, schools, and public transportation. The property is a well-maintained duplex consisting of two units, each with 1 bedroom and 1 bathroom. Both units are in good condition; the front unit has been recently updated and is currently available, while the back unit is already rented, providing immediate income in a high-demand rental market. Several major upgrades have been completed, including the installation of a brand new roof, two new water heaters, and a plumbing re-pipe. The detached garage offers excellent potential for conversion into an ADU (Accessory Dwelling Unit), creating an additional stream of rental income. In addition, the spacious backyard may allow for the addition of another unit, offering even more income potential (buyer to verify with the city). This is one of the lowest-priced duplexes available in the Hemet and San Jacinto area, making it an excellent opportunity for both new and experienced investors. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property is ready to deliver value and long-term growth.
A great investment opportunity located in the heart of Hemet, centrally positioned near major shopping centers, schools, and public transportation. The property is a well-maintained duplex consisting of two units, each with 1 bedroom and 1 bathroom. Both units are in good condition; the front unit has been recently updated and is currently available, while the back unit is already rented, providing immediate income in a high-demand rental market. Several major upgrades have been completed, including the installation of a brand new roof, two new water heaters, and a plumbing re-pipe. The detached garage offers excellent potential for conversion into an ADU (Accessory Dwelling Unit), creating an additional stream of rental income. In addition, the spacious backyard may allow for the addition of another unit, offering even more income potential (buyer to verify with the city). This is one of the lowest-priced duplexes available in the Hemet and San Jacinto area, making it an excellent opportunity for both new and experienced investors. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property is ready to deliver value and long-term growth.
A great investment opportunity located in the heart of Hemet, centrally positioned near major shopping centers, schools, and public transportation. The property is a well-maintained duplex consisting of two units, each with 1 bedroom and 1 bathroom. Both units are in good condition; the front unit has been recently updated and is currently available, while the back unit is already rented, providing immediate income in a high-demand rental market. Several major upgrades have been completed, including the installation of a brand new roof, two new water heaters, and a plumbing re-pipe. The detached garage offers excellent potential for conversion into an ADU (Accessory Dwelling Unit), creating an additional stream of rental income. In addition, the spacious backyard may allow for the addition of another unit, offering even more income potential (buyer to verify with the city). This is one of the lowest-priced duplexes available in the Hemet and San Jacinto area, making it an excellent opportunity for both new and experienced investors. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property is ready to deliver value and long-term growth.
Location
State CA
County Riverside
Area Riv Cty-Hemet (92543)
Zoning Public Rec
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $21
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Space Rent $1,300
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Listed by Steve Navar • Excellence RE Real Estate
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