Courtesy of: Natalie Drukas | Fathom Realty Group Inc.
Purchase Type: Sale
MLS ID: 219058651DA
Days On Market: 29
Year Build: 1964
Property Type: Residential Income
New Construction: No
Fireplaces Features: Living Room
Swimming Pool: No
Address: 37111 Cathedral Canyon Drive
City: Cathedral City
Neighborhood: Cathedral City Cove, 336 - Cathedral City South
Pool Features: In Ground
Property Taxes: $0
This is a beautiful Spanish colonial style apartment complex with 6 units. 5 of the units are 1 bedroom 1 bath, and 1 unit is a studio. The property is filled with tropical plants creating a little desert oasis. This is a desirable, one of a kind investment property with increasing value due to the new casino being put in this last year. ALL UNITS ARE FURNISHED AND OWNER PAYS UTILITIES INCLUDING INTERNET. INCOME WOULD BE MUCH HIGHER IF TENANTS PAID THEIR OWN UTILITIES. ALL SEPARATE METERS EXCEPT WATER. PRICES CHANGE FOR SEASONAL RENTS AND VARIES BY A FEW HUNDRED DOLLARS IF NEW OWNER WANTED TO DO SEASONAL. BEAUTIFUL COURTYARD WITH POOL LOTS OF OFF STREET PARKING. WALKING DISTANCE FROM THE NEW CASINO AND ENTERTAINMENT DISTRICT IN CATHEDRAL CITY. LAUNDRY ROOM WASHER DRYER COIN OPERATED OWNED BY SELLER. OWNER IS A LICENSED CALIFORNIA REAL ESTATE AGENT.