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Listed by ROBERT WATKINS • RE/MAX TIME REALTY
$ 1,999,900
Est. payment /mo
Active
1279 W Williams ST Banning, CA 92220
0.77 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV24249911
Originating Board California Regional MLS
Year Built 1947
Lot Size 0.770 Acres
Property Description
Incredible Investment Opportunity - 1279 Williams St., Banning, CA Attention seasoned investors! 1279 Williams St. presents a rare opportunity to acquire a high-performing, cash-flowing asset in the heart of Banning, CA. This recently remodeled 5-unit property offers a diverse unit mix to attract a range of tenants, ensuring steady occupancy and strong rental income. The units range in size from a spacious 4-bedroom, 2-bathroom layout to a cozy 1-bedroom, 1-bathroom setup, appealing to families and individuals alike. The property generates an impressive gross rent of $11,700 per month, making it a turnkey investment with significant upside potential. With all major renovations completed, there's no need for additional upfront expenses-simply step in and start collecting rent immediately. Each unit has been modernized, reducing maintenance costs and ensuring tenant satisfaction. To make this deal even more enticing, the seller is open to carrying a note at a competitive interest rate or exploring creative financing solutions tailored to your needs. These options make it easier than ever to maximize your ROI and secure this incredible property. Strategically located in Riverside County, a region known for its growing demand for rental housing, 1279 Williams St. offers i
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Interior
Heating No Heating
Cooling Central AC
Laundry Other
Exterior
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 540103020
Special Listing Condition Not Applicable
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