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161 S Ash Avenue

Blythe, CA 92225
  • $480,000
  • STATUS: Active
  • ON SITE: 52 Days
  • ID#: SW24088238
$480,000
  • 6
    BEDS
  • 0.28
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,120
    SQFT
  • $154
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1980
County:
Area:

School Ratings & Info

School District:
Listing Agent(s): Angel Ramirez of RE/MAX Blythe Realty (559-741-6055)


Description

This sale includes 3 neighboring lots consisting of 1/2 acre land, with six 1 bedroom, 1 bathroom rental units, all tenant-occupied (3 on 1-year leases, 3 month-to-month). This is a strong cash-flowing property with an annual gross income of $55,092 and a 7% cap rate. Each unit has been updated and remodeled, offering modern living spaces close to restaurants and shopping stores. The sale also includes a vacant lot of 9,147 square feet, prime for value-add construction to add more units. Don't miss out on this great opportunity for consistent extra income. Schedule your appointment to view them today, as this deal won't last long.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-24T00:25:16.647. 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 Swell Property. Licensed in the State of California, USA.
www.swellproperty.com/homes/150138922
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161 S Ash Avenue Blythe, CA 92225

  • Price: $480,000
  • Status: Active
  • On Site: 52 Days
  • ID#: SW24088238
6
Beds
6
Baths
0
½ Baths
0.28
Acres
3,120
SQFT
$154
$/SQFT
1980
Built
Neighborhood:
,Blythe
County:
Riverside
Area:
374 - Blythe
School District:
Palo Verde Unified
Property Description
This sale includes 3 neighboring lots consisting of 1/2 acre land, with six 1 bedroom, 1 bathroom rental units, all tenant-occupied (3 on 1-year leases, 3 month-to-month). This is a strong cash-flowing property with an annual gross income of $55,092 and a 7% cap rate. Each unit has been updated and remodeled, offering modern living spaces close to restaurants and shopping stores. The sale also includes a vacant lot of 9,147 square feet, prime for value-add construction to add more units. Don't miss out on this great opportunity for consistent extra income. Schedule your appointment to view them today, as this deal won't last long.
Exterior Features

Architectural Style Traditional Construction Materials Stucco Entry Level 1 Entry Location ground Fencing Chain Link Foundation Details Slab Lot Features Street Level Parking Features Assigned Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Sign On Property YN Yes Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Appliances Gas Oven Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features KitchenLiving Room Fireplace YN Yes Flooring Tile Interior Features Ceiling Fan(s)All Bedrooms Down Main Level Bathrooms 6 Main Level Bedrooms 6

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest Community Apartment Community Features CurbsSidewalks Electric Electricity - On Property Garage YN No Land Lease YN No Laundry Features See Remarks Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalSubmit New Construction YN No Number Of Units In Community 6 Property Condition Updated/Remodeled Property Sub Type Townhouse Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Multi Family Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-24T00:25:16.647. 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 Swell Property. Licensed in the State of California, USA.
 
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Swell Property
1967 N. Coast Hwy 101
Encinitas CA, 92024
Listing Agent(s): Angel Ramirez of RE/MAX Blythe Realty (559-741-6055)