343 W Tramview Road, Palm Springs, CA 92262
Desert Highland Gateway (click for neighborhood info)
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Overview
MLS #
219120547DA
Listed on
2024-11-23
Status
Active
Price
$1,080,000
Type
Residential Income
Size of home
3,200 sq ft
Beds / Baths
8 / 4.00
Size of lot
7,626 sq ft
Neighborhood
Desert Highland Gateway
Location address
343 W Tramview Road
Palm Springs 92262
Palm Springs 92262
Description
* Ideal for an investor or owner-user. *ourplex for sale: Ideal for an owner-user or investment property.*Live in one unit, and rent out the other 3 unit while you build equity.*Apartment homes include washer hookups, gas stove, refrigerator and mini-split AC/Heat units. Resident pays for electric, gas, Internet.*Rent includes water, sewer, trash, landscape maintenance, secured entry, off street parking.* One unit is currently vacant. Live in one unit and rent out the other 3. Seller is in the process of advertising the vacant unit. *4.08% cap rate. * 15.38 GRM. * $337.50 $/SF. * Rents: $1,550; $1,500; $1,400; $,1400 (vacant). *4- 2bed/1bath. *Approx 800 sq. ft. each (buyer to verify). *Scheduled Gross Income: $70,200. *Contact Steve Sanchez 760-485-1033 for the OM.
General Information
School District
Palm Springs Unified
Original List Price
$1,080,000
Furnished
No
Land Type
Fee
Land Lease Expires
N/A
Pool
Yes
Spa
Yes
Year Built
1980
Levels
Ground Level
View
Mountains
Flooring
Tile
Fireplace
No
Heating Type
Electric, Other
Cooling Type
Wall/Window
Parking Spaces
8
Parking Type
On street
Courtesy of:
Kate Rust /
Wilson-Meade Commercial Real Estate
343 W Tramview Road