$2,295,000
For Sale

845 E 6th Street

Beaumont, CA 92223
0.64 acres | #CV24181611
Listing OfficeMARCUS & MILLICHAP
Browse 5 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

The 6th Street apartments is a 16-unit multi-family property located at 845 E. 6th Street in Beaumont, California.
Situated on a spacious ±0.64-acre corner lot, this property features mostly single-story units and a pitched
composition roof. Built in 1937 / 1955, the building has 8 studio units, 6 one-bedroom units, and two 2-bedroom units.
Over the past 3 years, 11 of the 16 units are updated with new flooring and paint. The property is master metered for electric and gas,
with the owner additionally responsible for water / sewer, and trash. An astute investor has the opportunity
to enhance cash flow by installing sub-meters for electricity. This investment offers solid returns and significant value-add potential in a growing market.
Seller Financing Available.

  • Property Details
      • Lot DescriptionItem1620UnitsAcre
      • Stories2
    • Measurements
      • Acres0.64
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1955
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • Sewer InformationPublicSewer
  • Community and Neighborhood Details
      • Subdivision, Mt Jacinto
    • Location
      • CountyRiverside
  • Financial Details
      • Original List Price$2,295,000
  • Other
      • MLS #CV24181611

Location

Marylin PaulReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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