This is the perfect property for your investment. The complex features 5 units each 1 bedroom 1 bath. The ground floor consists of 3 of the units. The Upper level includes 2 units as well as a roof top patio. Total square footage is 2,856 on 0.15 acre lot. The parking offers easy access to the complex. All units have separately metered Electric and Propane Gas. Owner pays water which is billed every other month form the water district. The complex was re-roofed in 2023. The complex is fully rented with below market rents. This Investments is currently sitting at 5% cap rate. Units will be shown for serious inquiries. Seller may be willing to carry.
3 UNITS on 1! Main residence, interior access to guest cabin, and private casita. "Zoning is R3A" Commercial for Bed & Breakfast, Inn, Retreats, Vacation rental, Events, Weddings, etc. (Turnkey Business ready and completely furnished with furniture, beds, blankets, sheets, towels, dishes, kitchen items, BBQ, 2 Hot tubs included, etc.-Sleeps 17 currently). Or Long term rental to many seniors to be together and yet affordable. Unit 1-The "Farmhouse" 3 Bedrooms 2 full baths, Unit 2-"Captains Quarters" 2 bedrooms/1 full bath, Unit 3-"Dairy Cottage" studio with 3/4 bath. There is a bonus building with electricity for office/storage. Option to add 4th Unit-used to have a garage with studio above (utility hookups are still there) "Idyllwild Historic Dairy Farmhouse" (Circa 1927). For the buyer looking for the ultimate in historical charm &character. The property must be experienced in person to appreciate its grandeur. Multiple public rooms, screened porches & lovely, covered patios create a harmonious balance of indoor & outdoor living. The property is only a few blocks from town. The grounds of the property are large with seating areas and gardens around the home. Idyllwild Historic Farmhouse is a one-of-a-kind property with charm & beauty.
Idyllwild is located in California.
