$678,000
For Sale

199 N Inez Street

Hemet, CA 92543
0.13 acres | #IV24236462
Listing OfficeTop Producers Realty Partners, Inc.
Browse 28 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Explore the heartbeat of Hemet with an unmatched lucrative investment. Nestled in downtown Hemet are two income generating fourplexes at 199 North Inez and 191 Inez, offering a total of eight diligently remodeled units. This is an investor’s dream, perfect for those seeking the top cash flow in the areas. Why you will love it! All units have undergone recent remodeling, ensuring a fresh, contemporary feel. Each one bedroom, one bath single story apartment has been upgraded with a dual-pane windows, tile flooring throughout. And newer water heaters. Each tenant enjoy private fenced yard, provident personal private outdoor space. Plus with washer and dryer hookups in every unit, daily life is made easy and independent. *Efficient Utilities*
Landlord and tenants alike will appreciate the separate Gaz and electric meters, allowing for direct billing and simplicity. Additional touches include individual hot water heaters so that tenants can enjoy uninterrupted showers and energy efficiency.
Endless parking options!!! Say goodbye to parking worries. Both properties offer ample parking spaces for tenants and the convenience of an off street parking lot. **The investor edge** Double the opportunity, with the two property listed separately but ready to sell together, you gain immediate access to a prime investment with eight units producing high cash flow, with potential of more return. LOCATION, LOCATION, LOCATION.
Positioned in the serene downtown Hemet, your tenants will love the walk ability and charm. Close access to all local amenities.
Priced to sell!!! These fourplexes promise both instant return and lasting potential!!!!!

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Stories1
    • Measurements
      • Acres0.13
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1964
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyRiverside
  • Financial Details
      • Original List Price$678,000
  • Other
      • MLS #IV24236462

Location

Omar ElminoufiReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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