316 S Spring Street

Blythe, CA 92225
$649,000
Fantastic Income Producing Multi-Family Property with exceptional room to raise Rents! All 8-Units are Fully Occupied with each Occupant having a Month-to-Month Tenancy. With Market Rents continuously increasing at a steady pace, raising value and producing a steady stream of high rental income should come at ease for any investor.Read MoreRead Less
Property listed by SUPREME INVESTMENT CORP, JAKE BARBOSA 310-259-7556
Listing Snapshot
Days Online
14
Last Updated
Property Type
Apartment
Lot Size
0.34 Acres
Year Built
1957
MLS Number
WS26058265
Property Location Map
Additional Details
Property Access
Road Surface: Paved
Building
Built in 1957, 2 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: First / Street Level
Community
Curbs, Suburban, Sidewalks
Expenses
Gardener: $300, Insurance: $1,623, Operating: $11,244
Fence
ChainLink
Fireplaces
None
Home Owner's Association
Association Fee: $0
Income
Gross Income: $57,000, Gross ScheduledIncome: $57,000, Net Operating Income: $45,756
Interior Features
AllBedroomsDown
Laundry
None
Lot
0.34 acres, CulDeSac, FrontYard, Lawn, Level, NearPublicTransit, RectangularLot, StreetLevel, Yard
Parking
Unassigned
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 848123002, Lot: 15, Zoning: R-M-L
Tenant Pays
Electricity
Utilities
ElectricityConnected, NaturalGasAvailable, SewerConnected, WaterConnected, Water Source: Public, Standard, 8 separate electric meters
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Monthly Payment
$0
Michael Harby
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.