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832 Riverside Place

Property ID: 10224
832 Riverside Place, Tahquitz River Estates, Palm Springs,
Riverside/CA, 92264, United States
$1,400,000 Sold
Apartment Complex
  • 529
  • 0
  • 12 Bedrooms
  • 11 Bathrooms
  • 4884 sq ft
Sandra Quinn
Sandra Quinn
Contact Agent

Description

Priced to sell! 10 units close to downtown Palm Springs. Off street parking with the potential for 2 additional spaces. Exceptional investment opportunity with an upside in rental income. Building consists of , one (1) bedroom, eight (8) studios and one spacious three (3) bedroom, 2 bath former owners’ unit. Several units renovated in 2018. Current rents are below market rates. This property is priced to sell ”as is” based on acknowledged and known improvements needed. Listing agents can provide estimates already received upon request. No showings without an accepted offer. Attached documents include the current rent roll, current and projected income and expenses, and recent property inspection. Please do not disturb tenants. Strong cash flow potential after a new owner’s improvements, vision and renovations.

Additional Information

MLS#: 219086115
Lot Size: .39 acre
Built In: 1952

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