73176 Santa Rosa Way, Palm Desert, CA 92260

$340,925
4
BD
2
BA
2,128
SqFt
Sold Price
$340,925
List Price
$351,469
Closing Date
Mar 30, 2018
Status
Sold
MLS#
218005348
Year Built
1966
Bedrooms
4
Bathrooms
2
Living Sq. Ft
2,128
Lot Size
7,405
Days on Market
49
Property Type
Multifamily
Neighborhood
Not Applicable-322
Builders Tract Code
NA322

Property Description

This property is two detached units on one parcel each with its own address, 73-176 & 73-180 respectively. Both homes are occupied with long term tenants on month to month leases. Both tenants have occupied the property for more than 8 years. Santa Rosa Way is experiencing a renaissance with many homes either just being or in the process of being remodeled. This is a chance to own at a discount with tremendous upside potential. CAP rate at asking price is 5.2%.

Additional Information

Lot Description
2 - 4 Lots
Sewer
In, Connected & Paid
School District
Desert Sands USD

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Listing courtesy of Baxley Properties Inc. Selling Office: Baxley Properties Inc.