68795 Cedar Rd, CATHEDRAL CITY, 92234

SoldResidential Income - Duplex For Sale

$245,000

Beds
Baths
1,359Sqft
.21Acres
1956Built
19DOM
MLS® #: AR16732394MR
Sold, 19 Days on Market

Cathedral City Duplex + Adjacent Vacant Lot to Build!! Two 2 bedroom, 1 bath units in great area of Cathedral City. Both units are one story, separately metered for electricity & gas and have stable long-term tenants. The area is mostly single family homes and the lot is extra large which allows for expanding current structures. There is significant upside in rent and the expenses stay very low for the building. Adjacent lot is on its own APN which makes it ready to develop or sell individually. You can sell them separately, develop the lot or keep both parcels while enjoying the cash flow from your stable tenants. Priced well below replacement cost at only $270,000 this investment will not last long!!!

Essential Information

MLS® #: AR16732394MR
Price: $245,000
Bathrooms: 0.00
Square Footage: 1,359
Acres: 0.21
Year Built: 1956
Type: Residential Income
Sub-Type: Duplex
Status: Sold

Community Information

Address: 68795 Cedar Rd
Area: Other
City: CATHEDRAL CITY
County: Riverside
State: Ca
Zip Code: 92234

Amenities

Pool: None

Interior

Heating: None

Additional Information

Date Listed: October 26th, 2016
Days on Market: 19
Zoning: R204M

Listing Details

Listing Agent: Brian Gordon (01302670)
Listing Office: Lotus Property Services, Inc.
Contact Ron Parks: Phone: 760-883-8613

Financials

$/SqFt: $180
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