Hemet, CA 92543,199 N Inez ST
Hemet, CA 92543,199 N Inez ST
Hemet, CA 92543,199 N Inez ST
Hemet, CA 92543,199 N Inez ST
Hemet, CA 92543,199 N Inez ST
Hemet, CA 92543,199 N Inez ST
Tony English
Tony English

Broker | License ID: 01363194

+1(949) 463-1085

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$ 650,000

$ 678,000 4.1%

Est. payment | /mo

5,662 Sqft Lot


$ 650,000

$ 678,000 4.1%

Est. payment | /mo

5,662 Sqft Lot

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IV24236462

Sold Date 02/26/25

HOA Y/N No

Year Built 1964

Lot Size 5,662 Sqft

Property Sub-Type Quadruplex

Property Description

Explore the heartbeat of Hemet with an unmatched lucrative investment. Nestled in downtown Hemet are two income generating fourplexes at 199 North Inez and 191 Inez, offering a total of eight diligently remodeled units. This is an investor's dream, perfect for those seeking the top cash flow in the areas. Why you will love it! All units have undergone recent remodeling, ensuring a fresh, contemporary feel. Each one bedroom, one bath single story apartment has been upgraded with a dual-pane windows, tile flooring throughout. And newer water heaters. Each tenant enjoy private fenced yard, provident personal private outdoor space. Plus with washer and dryer hookups in every unit, daily life is made easy and independent. *Efficient Utilities*
Landlord and tenants alike will appreciate the separate Gaz and electric meters, allowing for direct billing and simplicity. Additional touches include individual hot water heaters so that tenants can enjoy uninterrupted showers and energy efficiency.
Endless parking options!!! Say goodbye to parking worries. Both properties offer ample parking spaces for tenants and the convenience of an off street parking lot. **The investor edge** Double the opportunity, with the two property listed separately but ready to sell together, you gain immediate access to a prime investment with eight units producing high cash flow, with potential of more return. LOCATION, LOCATION, LOCATION.
Positioned in the serene downtown Hemet, your tenants will love the walk ability and charm. Close access to all local amenities.
Priced to sell!!! These fourplexes promise both instant return and lasting potential!!!!!

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R3

Interior

Heating Central

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 443223018

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by FATOU DIALLO • Top Producers Realty Partners, Inc. • 909-816-0436
Bought with Erick Montes • Team Z Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 463-1085

tonyenglish@me.com

28391 Sheridan Dr, Niguel, California, 92677, United States

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199 N Inez ST