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Key Details
Sold Price $525,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219091997PS
Sold Date 05/02/23
HOA Y/N No
Year Built 1985
Lot Size 6,969 Sqft
Property Description
Looking for a lucrative real estate investment opportunity? Look no further than this duplex in Cathedral City, California! Located in the heart of the Coachella Valley, this duplex offers the perfect combination of location, affordability, and potential for rental income. With two units, you can maximize your investment and generate passive income while still maintaining ownership of the property.But the benefits of owning a duplex in Cathedral City don't stop there. You'll also enjoy the city's abundant sunshine, stunning mountain views, and close proximity to world-class golf courses, spas, and entertainment venues. And with its convenient location just minutes from Palm Springs and other nearby attractions, you'll never run out of things to see and do.Whether you're a first-time investor or a seasoned pro, duplexes in Cathedral City offer a smart and sustainable investment opportunity that's hard to beat. So why wait? Contact us today to learn more about available duplexes in this thriving community and start building your real estate portfolio today! With established long term tenants on well below market month-to-month leases. Both units are generously-sized 3 bedroom and 2 bath with laundry areas, attached garages and individual yards and just waiting for your style updates!
Location
State CA
County Riverside
Area 336 - Cathedral City South
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Fireplace No
Exterior
Parking Features Driveway, Garage, Garage Door Opener, Side By Side
Garage Spaces 2.0
Garage Description 2.0
View Y/N Yes
View Mountain(s)
Total Parking Spaces 8
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 680371048
Security Features Security Lights
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Bought with Paige Maccio-Smith • HomeSmart