574 N 6th, Banning, CA 92220

$599,600

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List Price
$599,600
Status
ACTIVE
MLS#
IG26164556
Year Built
1960
Lot Size
10,019
Acres
0.23
Lot Location
Back Yard, Front Yard, Lawn, Yard
Days on Market
15
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level
Neighborhood
Banning

Property Description

Excellent investment opportunity with owner-occupancy flexibility! This well-maintained triplex features a spacious 2-bedroom, 1-bath main residence which is currently vacant for you to move into or rent out, and two 1-bedroom, 1-bath units. Recent improvements include new interior paint and flooring throughout all three units, creating a fresh, move-in-ready appeal. The main residence has been recently refreshed and includes an attached garage with existing plumbing, offering potential value-add opportunities. One unit is currently vacant, providing an ideal option for an owner-occupant or a new tenant, while the other two units are tenant-occupied. Additional features include mini-split HVAC systems in two units, on-site laundry facilities, three gas meters, three electric meters, and two water meters, allowing tenants to pay their own gas and electric utilities. With updated interiors, separate utility metering, and strong rental appeal, this property presents an outstanding opportunity for investors seeking a versatile income-producing asset or buyers looking to offset housing expenses through rental occupancy.

Additional Information

Appliances
Gas Range, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Ductless, Wall/Window Unit(s)
View
Mountain(s), Neighborhood
Roof
Shingle
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s)
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$65,400
Operating Expense
12472

Listing courtesy of Listing Agent: Joseph Estrada (joe.estrada@famtreerealty.com) from Listing Office: FAMILY TREE REALTY, INC..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.