11411 Cherry AVE Active Save Request In-Person Tour Request Virtual Tour
Cherry Valley,CA 92223
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CREV24159859
Year Built 1961
Lot Size 1.860 Acres
Property Description
Welcome to this fantastic investment opportunity in Cherry Valley, CA! This newly renovated property features 7 thoughtfully designed units, each offering the convenience of in-unit laundry hookups, central air conditioning, and heating. Out of the 7 units, 6 are equipped with their own private 1-car garage, providing secure and convenient parking for tenants. Each unit is designed with comfort and practicality in mind, making them highly attractive to prospective renters. With its blend of essential amenities and potential for rental income, this property presents an exceptional opportunity for investors or property managers looking to expand their portfolio. The strategic location in Cherry Valley ensures consistent demand and offers a promising return on investment. Don't miss out on the chance to own this versatile and income-generating asset! Currently generates $17,750 in rental income, rent increase potential. Seller financing available.
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Garage,Other
Exterior
Garage Garage,Other
Garage Spaces 6.0
Pool None
Building
Story One Story
Water District - Public
Others
Special Listing Condition Not Applicable