277 E Racquet Club Road,  Palm Springs CA, 92262 (Residential Income)

2,201 sqft
Status: Active
MLS#: 16130566PS
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Last Updated: 12/2/2016 1:03 PM
Description for 277 E Racquet Club Road Palm Springs, CA 92262
Mid Century Ranch Style Triplex - Solid building, cheaper then a single family home. Income with existing building or development for greater profits , zoned for 6 more units. The massive over sized view lot (over a half of acre) offers many ways to earn extra income. Frontage of lot is 140ft. Lot is 2 times bigger than most sold, pending, or active 3-4 units. This is NOT a fixer but still has room for numerous opportunities. (Don't let time on the market fool you, it has fallen out of escrow three times). New Foam Roof, Polished Concrete floors, Updated Baths, New Kitchens, Copper Plumbing, Individual Hot Water Tanks, Separate Laundry Room, All walls have been smoothed coated for a modern clean look. Each Unit has its Own Electric Meter/Panel (SquareD) and Gas Meter. Large Parking Lot - Conveniently located close to Riviera Resort, Billy Reeds, and The Buzz.
Price
$495,000
Riverside
2,201 (approx)
16130566PS
Active
Description
Mid Century Ranch Style Triplex - Solid building, cheaper then a single family home. Income with existing building or development for greater profits , zoned for 6 more units. The massive over sized view lot (over a half of acre) offers many ways to earn extra income. Frontage of lot is 140ft. Lot is 2 times bigger than most sold, pending, or active 3-4 units. This is NOT a fixer but still has room for numerous opportunities. (Don't let time on the market fool you, it has fallen out of escrow three times). New Foam Roof, Polished Concrete floors, Updated Baths, New Kitchens, Copper Plumbing, Individual Hot Water Tanks, Separate Laundry Room, All walls have been smoothed coated for a modern clean look. Each Unit has its Own Electric Meter/Panel (SquareD) and Gas Meter. Large Parking Lot - Conveniently located close to Riviera Resort, Billy Reeds, and The Buzz.
Listing Information
Property Type: Cluster, Other
0.63 Acres 2,744,300 sq.ft. 2,201 (approx)
$224.9 1964
Gas Water Heater
3 Total
Neighborhood
Room Information
Interior Features
Gas
Exterior / Lot Features
10 Parking Spaces, Driveway
Foam
Desert View
R
Driving Directions
Located in World Famous Racquet Club Estates Neighborhood
Financial Considerations
501101028
,$3,600
Listing Price History

Palm Springs Real Estate

Palm Springs is located in California. Palm Springs, California 92262 has a population of 45,115.

The median household income in Palm Springs, California 92262 is $45,404. The median household income for the surrounding county is $57,096 compared to the national median of $53,046. The median age of people living in Palm Springs 92262 is 51.4 years.

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Courtesy: PDC Real Estate James Lewis
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