$795,000
4200 Trevor Lane
Hemet, CA 92544
1978
Year Built
Riverside
County
Triplex
Property Type
About this home
Three units on the East side of Hemet with an attractive unit mix, Central heat and A/C, garages, and patios. Strong rents give an investor over a 6% cap rate on actual rents and upside by raising rents immediately. All tenants are now eligible for a rent increase. Front unit is a spacious 3 bedroom and 2 baths with a large fenced yard and a 2 car garage. Property has a laundry room for all of the tenants to use, earns owner extra income, but there are laundry hookups in the garage of unit A as well. Other two units are 2 bedroom and 1 bath with a balcony or patio and single car garage. Separate meters for gas and electric to keep owner's expenses low. Property is 100% occupied and has a strong rental history with current tenants all having been there over one year. Low maintenance landscaping helps make this a great opportunity to own a low maintenance Income Property in a growing Hemet market.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
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Mortgage Estimate
$4,231/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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