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231 E Nicolet Street

Banning, CA 92220
  • $447,000
  • STATUS: Active Under Contract
  • ON SITE: 239 Days
  • ID#: TR23160138
Under Contract
UPDATED: 165 min ago
$447,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Listing Agent(s): Raul Lozano of Berkshire Hathaway HomeServices California Properties (909-983-9933)


Description

New Roof, new painted all outside, and new fascia just installed a few weeks ago. All previous roof layers were removed. Investor's Opportunity, three units 1 bedroom 1 bathroom each one, with great potential to add more bedrooms on this 8,276 SF lot. One unit has been renovated recently, good tenants on a month to month contract, low rent. Each unit has their own Gas and Electric meter. Some of the units may need upgrades and cosmetic repairs. THESE UNITS ARE LOCATED ON THE OPPOSITE SIDE OF THE DRIVEWAY the other side is also for sale on its own price.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-22T18:51:40.093. 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 deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/142827720
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231 E Nicolet Street Banning, CA 92220

  • Price: $447,000
  • Status: Active Under Contract
  • On Site: 239 Days
  • Updated: 165 min ago
  • ID#: TR23160138
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1951
Built
Neighborhood:
Solera (Slra)
County:
Riverside
Area:
263 - Banning/Beaumont/Cherry Valley
Property Description
New Roof, new painted all outside, and new fascia just installed a few weeks ago. All previous roof layers were removed. Investor's Opportunity, three units 1 bedroom 1 bathroom each one, with great potential to add more bedrooms on this 8,276 SF lot. One unit has been renovated recently, good tenants on a month to month contract, low rent. Each unit has their own Gas and Electric meter. Some of the units may need upgrades and cosmetic repairs. THESE UNITS ARE LOCATED ON THE OPPOSITE SIDE OF THE DRIVEWAY the other side is also for sale on its own price.
Exterior Features

Entry Level 1 Entry Location Front Lot Features Front Yard Number Of Separate Electric Meters 3 Open Parking Spaces 4 Parking Features Assigned Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Roof CompositionShingle

Interior Features

Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Floor Furnace Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency 1031 Exchange at no cost to buyerseller already have the replacement property. An easement will be recorded due units share the driveway with the 253 E Nicolet St owned by the same owner and also for sale. No contingency on selling both ML's anymore. Electric Expense 1 Exclusions Tenant's pertinences Fuel Expense 1 Garage YN Yes Gross Income 1 Gross Scheduled Income 1 Insurance Expense 1 Land Lease YN No Laundry Features Laundry Room Levels One Listing Agreement Exclusive Right With Exception Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 1 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 1 Property Condition Repairs Cosmetic Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays All UtilitiesCable TVElectricityTelephone Total Actual Rent 2400 Trash Expense 1 Utilities Electricity ConnectedSewer Connected Water Sewer Expense 1 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-22T18:51:40.093. 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 deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Raul Lozano of Berkshire Hathaway HomeServices California Properties (909-983-9933)