Duplex! Great Investment Property - Blythe, Ca -- $225,000

jennifery - Victorville, California - Sep 08, 2024
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GREAT INVESTMENT PROPERTY! This two (2) unit apartment located in Blythe. This manufactured home was constructed in 1989 and sitting on a large 8,276 SF Lot. Property consists of (2) 3 Bedroom / 2 Bath units totaling 1,848 SF. One of the leases is at $1,400 and the other unit is ready for move in! The property has two on-site parking with 1 car per unit. This investment presents a turnkey opportunity at 8.05 GRM and 7.25% Cap Rate on current rents. All units are metered for gas and electricity. Tenant is on a month to month lease. Property will be sold as is. The entire building has a brand new roof, flooring, kitchens, paint, and plumbing. This is a good opportunity for an owner user or investment! No Financing! Cash or Hard Money Only!