222 W Rice Street, Blythe, CA 92225

$1,250,000

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List Price
$1,250,000
Status
ACTIVE
MLS#
SW26009284
Year Built
1930
Lot Size
14,810
Acres
0.34
Lot Location
Lawn
Days on Market
196
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level
Neighborhood
N/A

Property Description

10-Unit Apartment Complex - 222 W Rice St Perfect opportunity to purchase a cash flowing asset in the heart of Blythe. Unit Mix: 1 Studio Apartment - Fully remodeled including plumbing, electrical and mini split AC. 6 One-Bedroom/One-Bath Units - 4 units completely remodeled with new plumbing, electrical, and Mini split units. 3 Two-Bedroom/One-Bath Units - 1 Fully remodeled with new plumbing electrical and plumbing and mini splits. 1 remodeled by previous owner 5 years ago. Rental Status: A mix of 5 furnished and 5 unfurnished units, with some leased through Airbnb and others directly to tenants, providing flexible income streams.

Additional Information

Association Amenities
Trash, Water
Appliances
Built-In Range, Electric Cooktop, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Water Heater, Dryer, Washer
Pool Description
None
Heat
Ductless, Electric, Heat Pump
Cooling
Yes
Cooling Description
Ductless, Electric, Heat Pump, Wall/Window Unit(s)
View
Neighborhood
Exterior Construction
Drywall, Stucco
Roof
Asphalt, Flat, Rolled/Hot Mop, Shingle
Sewer
Public Sewer
Water
Public
Interior Features
Furnished, Quartz Counters, All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
10
Gross Scheduled Income
$138,276
Operating Expense
27898

Listing courtesy of Listing Agent: Jonathan Smith (jonathansmithreo@gmail.com) from Listing Office: RE/MAX Blythe Realty.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.