573 S Calle Palo Fierro

    Palm Springs, CA 92264
    • $649,000
    • STATUS: Pending
    • ON SITE: 79 days
    • ID#: 18380770PS
    Pending
    UPDATED: 25 min ago
    $649,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,353
      SQFT
    • $276
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Located a short distance to all the shops and restaurants in downtown Palm Springs, this well-maintained and updated triplex has excellent income potential. The large front house has 2 bedrooms and 2 bathrooms, an ample living room that flows into an eat-in kitchen, a laundry room, and a private patio off the master bedroom. The identical rear units are both 1 bedroom, 1 bathroom apartments, each with its own walled/gated yard and private laundry. Rent all three out or live in the front house and rent out the rear units for passive income. This property has lots of possibilities. These units are beautiful and will satisfy the most discerning buyers. Buyers are highly encouraged to exercise due diligence investigating all aspects of this property via professional inspection and verification with governmental agencies. Income stated is not guaranteed. Call today to schedule your private showing.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T12:28:28.533. 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. Licensed in the State of California, USA.
    www.kimmeeker.com/homes/87125058

    573 S Calle Palo Fierro Palm Springs, CA 92264

    • Price: $649,000
    • Status: Pending
    • Updated: 25 min ago
    • ID#: 18380770PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,353
    SQFT
    $276
    $/SQFT
    1951
    Built
    Neighborhood:
    Warm Sands (7100)
    County:
    Riverside
    Area:
    334 - South End Palm Springs
    Property Description
    Located a short distance to all the shops and restaurants in downtown Palm Springs, this well-maintained and updated triplex has excellent income potential. The large front house has 2 bedrooms and 2 bathrooms, an ample living room that flows into an eat-in kitchen, a laundry room, and a private patio off the master bedroom. The identical rear units are both 1 bedroom, 1 bathroom apartments, each with its own walled/gated yard and private laundry. Rent all three out or live in the front house and rent out the rear units for passive income. This property has lots of possibilities. These units are beautiful and will satisfy the most discerning buyers. Buyers are highly encouraged to exercise due diligence investigating all aspects of this property via professional inspection and verification with governmental agencies. Income stated is not guaranteed. Call today to schedule your private showing.
    Exterior Features

    Architectural Style Bungalow Construction Materials Stucco Entry Location Ground Level Lot Size Units Square Feet Parking Features Driveway Parking YN Yes

    Interior Features

    Appliances RefrigeratorGas OvenGas Water HeaterGarbage DisposalGas CookingDishwasher Appliances YN Yes Cooling CentralWall WindowElectric Cooling YN Yes Fireplace Features None Fireplace YN No Laundry Features Washer IncludedDryer Included Levels One Window Features Double Pane Windows

    Property Features

    Exclusions All Furniture And Art Gross Multiplier 13.40 Gross Operating Income 48450.00 Improvements Amount 219410 Insurance Expense 1000.00 Land Lease YN No Land Value 64908 Laundry YN Yes Net Operating Income 40631.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Units Leased 1 Number Wall AC 1 Number With Dishwasher 3 Number With Disposal 3 Number With Drapes 3 Number With Patio 3 Number With Range 3 Number With Refrigerator 3 Special Listing Conditions Standard Subdivision Name Other Warm Sands (7100) Tenant Pays ElectricityCable TvGas Total Expenses 7819.00 Trash Expense 780.00 Water Sewer Expense 540.00 Zoning R2

    Listing provided courtesy of Geoffrey Moore of Town Real Estate and Kevin Stern of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T12:28:28.533. 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. Licensed in the State of California, USA.
     
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