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  • MLS#: SW25194762 ( Quadruplex )
  • Street Address: 671 Greystone Lane
  • Viewed: 2
  • Price: $850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1976
  • Bldg sqft: 0
  • Days On Market: 173
  • Additional Information
  • County: RIVERSIDE
  • City: Hemet
  • Zipcode: 92543
  • Provided by: Keller Williams Legacy
  • Contact: Faith Faith
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Rare opportunity to own a true fourplex where every unit is a 3 bedroom, 1 bath a setup you won't find often in Hemet. Most multifamily properties in the area mix of 2 bedrooms with maybe one larger unit, but this one delivers consistent rental appeal across all four. Each unit offers a functional floor plan with its own private yard, plenty of potential for outdoor space or additional storage. Property will benefit from roof work and cosmetic upgrades, but the fundamentals are strong: stable tenant history, great unit mix, and huge value add potential. Conveniently located near shopping, schools, and commuter routes, this property is ideal for the investor looking for a 1031 exchange, a cash flow reposition, or simply to add a solid income property to their portfolio. Opportunities like this 4 full sized 3 bedroom units on one lot don't come around often!
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Features
Building Area Total
  1. 3600.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 163
Electric Expense
  1. 0.00
Entry Location
  1. Ground
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. None
Insurance Expense
  1. 250.00
Laundry Features
  1. None
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 51840.00
Parcel Number
  1. 443090029
Pool Features
  1. None
Postalcodeplus4
  1. 2969
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 446133594:CRM
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 680.00
Trash Expense
  1. 180.00
Uncovered Spaces
  1. 6.00
Water Sewer Expense
  1. 250.00
Water Source
  1. Public
Year Built
  1. 1976
Year Built Source
  1. Public Records
Zoning
  1. R3