222 N Alessandro Street, Hemet, CA 92543

About this property

Great investment opportunity! This 4Plex currently has 75% occupancy with the other vacant unit going to be available soon and it will rent in no time! This investment is also great because it can qualify for owner financing! Live in 1 unit and rent out the other 3. The property will pay for itself, and then some! The grounds are well kept and the tenants take great care of each unit. POSITIVE cash flow on this property when fully occupied with a cap rate over 5%!

Listing description from the June 2021 sale, as reported to CRMLS.

Sale history

$430,000

Sold June 2021 · listed $450,000, orig. $435,000, on market May 2021 · MLS #21730066 · Source: CRMLS

Listing Agent: Damien Melle · Listing Office: Modern Real Estate Shop · Contact: 909-947-9931 · Bought with: Mario Gonzalez · Realty Masters & Associates

$165,000

Sold June 2015 · listed $195,000, on market August 2014 · MLS #SW14183184 · Source: CRMLS

Listing Agent: David Hale · Listing Office: Homestar Real Estate Services · Contact: 951-652-3000 · Bought with: David Hale · Homestar Real Estate Services

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