PALM SPRINGS owner financing home - a multi family property ( beds, 1 baths)

This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $795,685 · This is not a list price. This is the county tax assessor's estimated value for the property. When a list price becomes available we will publish it and along with changes to the contact information.Assessed Value: $734,400
This fine 4Plex is located just off HIghway 111, and just five minutes from downtown Palm Springs including tenant convenience shopping! Thse are really nice units that have been fixed up inside and out. SELLER MAY PROVIDE SELLER FINANCINT!! Seller is motivated to sell and therefore has given a major price reduction of $150,000!! Please note that after this price reduction, THIS IS BY FAR THE BEST PRICED PALM SPRINGS 4PLEX OFFERING IN SEVERAL YEARS!!! These units consists of four 2 bedroom 1 bath apartments. Units include upgraded interiors and kitchen appliances. Units have separate gas and electric meters that that tenants sign up and pay for. All units have air conditioning. Seller pays water and trash. These units really perform and at market rents are putting out $95,760 annual gross income, a 9.71 Gross Rent Multiplier, a 8.92% Cap Rate, and a robust 17.37% Cash on Cash Return. For rent roll and income/expense details, PLEASE SEE SUPPLEMENTS attached. Buyer/Buyers agent to provide all their required disclosures, and provide and pay for all TC services for Buyer and Seller including all documents including through DocuSign.This owner financing home is a multi family property...

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

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