11583 CACTUS DRIVE, DESERT HOT SPRINGS CA 92240
- 9,583 sq.ft. lot
Property Description
Price just improved! Motivated Seller. This is a rare opportunity to acquire a fully occupied, income-producing triplex with significant upside potential through future rent increases and the implementation of RUBS for utility reimbursement. Ideally located on the corner of Cactus Drive and 3rd Street, just blocks from downtown Desert Hot Springs, the property features a desirable unit mix consisting of a three-bedroom, two-bath; a two-bedroom, one-bath; and a one-bedroom, one-bath. Each unit offers tile flooring, low-maintenance desert landscaping, and the added benefit of an owned solar system that currently covers all electrical costs, helping to minimize operating expenses. With limited multifamily inventory in this high-demand rental market, this stabilized asset presents a compelling opportunity for investors seeking steady cash flow and long-term growth. Please do not disturb tenants. Contact listing broker for additional information.
Listing Courtesy of Kate Rust, Wilson-Meade Commercial Real Estate
Interior Features
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