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  • MLS#: SR25101572 ( Triplex )
  • Street Address: 37540 Van Fleet Avenue
  • Viewed: 7
  • Price: $565,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 134
  • Additional Information
  • County: RIVERSIDE
  • City: Cathedral City
  • Zipcode: 92234
  • Subdivision: Cathedral City Cove (33611)
  • Provided by: Pinnacle Estate Properties
  • Contact: Christina Christina
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime Investment Opportunity Fully Occupied Tri Plex Income Property! Discover a fantastic income producing property in the heart of Cathedral City. This well maintained tri plex offers three separate units, each designed for comfortable living and strong rental demand. Situated in a convenient neighborhood, the property benefits from close proximity to shopping, dining, schools, and easy access to Palm Springs and surrounding desert communities. Tri plex consists of one 2 bed with 2 baths, and two 1 bed and 1 bath units. With stable rental income and potential for future growth, this property is ideal for both seasoned investors and those looking to start or expand their portfolio. Positioned on a 9,500sqft lot with ample parking and a carport, this tri plex provides excellent upside potential with well kept interiors and low maintenance grounds. Dont miss this opportunity to own a versatile income property in one of the fastest growing areas.
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Features
Appliances
  1. Electric Range
  2. Refrigerator
  3. Water Heater
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 2405.00
Carport Spaces
  1. 1.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
  2. No One Above
  3. No One Below
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 122
Electric
  1. Electricity - On Property
  2. Standard
Entry Location
  1. main
Fencing
  1. Partial
Fireplace Features
  1. None
Flooring
  1. Stone
Garage Spaces
  1. 0.00
Gardner Expense
  1. 1200.00
Heating
  1. Central
Insurance Expense
  1. 2400.00
Interior Features
  1. Ceiling Fan(s)
  2. Storage
Laundry Features
  1. Dryer Included
  2. Individual Room
  3. Outside
  4. Washer Hookup
  5. Washer Included
Levels
  1. One
Lockboxtype
  1. None
  2. See Remarks
Lot Features
  1. Lot 6500-9999
Netoperatingincome
  1. 40000.00
Otherexpense
  1. 7300.00
Otherexpensedescription
  1. tax
Parcel Number
  1. 687241039
Parking Features
  1. Carport
  2. Driveway
  3. Street
Pool Features
  1. None
Property Type
  1. Triplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 438089135:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Cathedral City Cove (33611)
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
Totalactualrent
  1. 4350.00
Totalexpenses
  1. 12220.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 5.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
View
  1. None
Water Sewer Expense
  1. 1320.00
Water Source
  1. Public
Year Built
  1. 1948
Year Built Source
  1. Assessor