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Listed by ROBERT WATKINS • RE/MAX TIME REALTY
$ 1,999,900
Est. payment /mo
New
1279 W Williams Street Banning, CA 92220
4,580 SqFt
UPDATED:
12/18/2024 01:17 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,580 sqft
Price per Sqft $436
MLS Listing ID CRIV24249911
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1947
Lot Size 0.770 Acres
Property Description
Incredible Investment Opportunity – 1279 Williams St., Banning, CA Attention seasoned investors! 1279 Williams St. presents a rare opportunity to acquire a high-performing, cash-flowing asset in the heart of Banning, CA. This recently remodeled 5-unit property offers a diverse unit mix to attract a range of tenants, ensuring steady occupancy and strong rental income. The units range in size from a spacious 4-bedroom, 2-bathroom layout to a cozy 1-bedroom, 1-bathroom setup, appealing to families and individuals alike. The property generates an impressive gross rent of $11,700 per month, making it a turnkey investment with significant upside potential. With all major renovations completed, there’s no need for additional upfront expenses—simply step in and start collecting rent immediately. Each unit has been modernized, reducing maintenance costs and ensuring tenant satisfaction. To make this deal even more enticing, the seller is open to carrying a note at a competitive interest rate or exploring creative financing solutions tailored to your needs. These options make it easier than ever to maximize your ROI and secure this incredible property. Strategically located in Riverside County, a region known for its growing demand for rental housing, 1279 Williams St. offers investo
Location
State CA
County Riverside
Interior
Heating None
Cooling Central Air
Fireplace No
Laundry Inside
Building
Water Public
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