82480 Crest Avenue, Indio, CA 92201

$560,000
6
BD
5
BA
2,100
SqFt

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List Price
$560,000
Status
ACTIVE
MLS#
219150003
Year Built
1972
Bedrooms
6
Bathrooms
5
Living Sq. Ft
2,100
Lot Size
7,841
Days on Market
22
Property Type
Multifamily
Stories
1
Neighborhood
North Indio Ranchos

Property Description

Secure Investment with Immediate Returns in North Indio We present a unique opportunity for investors seeking steady cash flow and long-term appreciation. This multi-unit property, located in North Indio, generates monthly rental income with stable month-to-month tenants currently in place. Why this property? · Insatiable demand: North Indio is experiencing a residential and commercial boom, driven by the expansion of the Coachella Valley. · Guaranteed appreciation: Housing developments and shopping centers in the area are driving land values up year after year. · Low-maintenance units. The rental market in this area has a 96% occupancy rate, and prices per square foot have risen 18% over the last 24 months. Key fact: The city council has just approved a new commercial district just 5 minutes away, which will skyrocket demand over the next 12 months. Don't let this gem slip away: properties with this income-appreciation profile sell in under 15 days in Indio. Your next recurring income stream awaits.

Additional Information

Land Lease Type
Fee
Heat
Other
Cooling
Air Conditioning
Parking
Driveway
Sewer
Unknown
Water
Water District

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Calculator source: Real Geeks

Listing courtesy of Darryl Joel Freed, Broker.