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638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
638 Michigan
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Listed by SAGE WOOD with KELLER WILLIAMS RIVERSIDE CENT 951-858-0033
$1,300,000

638 Michigan

5,350 Sq.Ft. 10,019 Sq.Ft.

Description

Two mirror-image parcels sold together, allowing for residential 1-4 unit financing and eliminating the need for a commercial loan.
Each parcel includes a front single-family home with a one-car garage and a rear duplex, totaling 6 units. All units are fully occupied at market rents with a low 5% vacancy rate.
The property is well maintained with little to no deferred maintenance. Three of the six units have been moderately upgraded. All units are 2 bed / 1 bath with indoor laundry, private yard space, and storage sheds.
Tenants are in excellent standing, rents are increased annually, and renter profiles are strong. Recent improvements include flooring, windows, garage doors, exterior paint, parking area re-paving, and trash area relocation to name a few.
All units are individually metered, have designated mailboxes, and offer ample on-site parking.

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Location

638 Michigan, Beaumont, CA 92223

Status

For Sale

Property Amenities

Interior
Laundry room Inside, Laundry Room
Fireplace None
Flooring Carpet, Vinyl
Area & Lot
Total area 5,350 Sq.Ft.
Lot Area 10,019 Sq.Ft.
Living area 5,350 Sq.Ft.
MLS® ID IV26028815
Year Built 1953
Type Multi-Family
Status For Sale
Exterior
Stories 1
Pool None
Air conditioning Wall/Window Unit(s)
Heat type Wall Furnace
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Parking Door-Single, Garage, Paved
Lot Features 2-5 Units/Acre
Roof Shingle
Utilities Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance
Sales Price $1,300,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 638 Michigan, Beaumont, CA 92223. We are reviewing your request and will be in touch shortly!

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