Listing provided courtesy of Lawrence Erickson of Casa Blanca Realty. Last updated 2025-05-09 08:12:47.000000. Listing information © 2024 Sandicor.
Asking Price: $899,000 |
44083 Palm, Hemet CA 92544
Community: SRCAR - Southwest Riverside County
This Single Family Residence property was built in 1955 and is priced at $899,000. Please see the additional details below.
Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.
