508 Williams Street, Banning

$609,000

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4 Beds
4 Baths
.61 Acre
0 Garage

Opportunities knocked! Beautiful 4 unit apartments(two buildings, each unit is one bedroom one bath)) located in a quiet tree lined street in the city of Banning, which is only 2 minutes away rom Fwy 10 and minutes away from Desert Hills Premium Outlets and Cabazon Resort and Casino. This nice apartment complex sits on a large lot over 26,000 sqf which gives investors another golden opportunity to add on more units, all interest parties please check with the city planning department for the expansion. Laundry rooms in Building 506 both units were converted into bedrooms without permit. All units has tile flooring for easy maintenance. All units have separate electricity and gas meters, Only one water meter but water bill spilt paid by the tenants, landlord Only pays $120/month trash bill. Very low maintenance with high returns , long term tenants, don't miss out!

Property to be Sold in AS IS, Where Is condition, all information is dim reliable but not guaranty, living square feet is estimated, no public record, please do own investigation. Please drive by Only and do Not disturb the tenants, they are Not aware of the sale. Offer subject to interior inspection on accepted offer, interior pictures were taken prior tenants moved in.

Essential Information

MLS® #
TR23124320
Price
$609,000
Bedrooms
4
Bathrooms
4.00
Acres
0.61
Year Built
1964
Type
Residential Income
Sub-Type
Quadruplex
Status
Active Under Contract

Community Information

Address
508 Williams Street
Subdivision
none
City
Banning
County
Riverside
Zip Code
92220
Community Features
Sidewalks
Senior Community
N

Area

263 - Banning/Beaumont/Cherry Valley

Amenities

Pool
None

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Interior

Interior
Tile
Heating
Natural Gas, See Remarks
Cooling
None
Fireplaces
None
# of Stories
1

Interior Features

Bedroom on Main Level, Open Floorplan, Tile Counters

Exterior

Lot Description
2-5 Units/Acre

Additional Information

Date Listed
July 11th, 2023
Days on Market
300
Zoning
R3

Listing Details

Agent
Jenny Zhang
Office
A + Realty & Mortgage
Property History
Status Changed from Active to Active Under Contract
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Status Changed from Active Under Contract to ActivePrice Reduced from $619,000 to $609,000
Status Changed from Active to Active Under Contract
Show All History (8)

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Based on information from California Regional Multiple Listing Service, Inc. as of May 8th, 2024 at 9:20pm PDT. 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.