Just Listed 7Bd 3Ba Perris Home Below Market Value

Dated: 10/19/2018

Views: 15



OPEN HOUSE 1-3 PM OCT. 21

This May Ranch home offers a great opportunity for investors or income-property owners, with strong rental income and staggering CAP and GRM. Officially, this is a 4Bd home, but 3 bonus bedrooms have been added, making it a 7Bd property, perfect for student housing, multiple roommates or group or assisted living. Downstairs you'll find the three bonus rooms plus a spacious family room with fireplace and a granite kitchen with pantry. The laundry room leads to the 3-car garage, which also features a workshop or storage area. Upstairs, you'll find a master suite plus three bedrooms and a full guest bathroom. The landscaping is low maintenance, including artificial turf in the front and concrete decking in the back and on the side. This property also includes solar power equipment with a power-purchase agreement, which drastically reduced the current owner's monthly electricity costs. Their Aug-Sept power bill was just $320, despite running the AC at 76 degrees nonstop! This is an opportunity for a buyer who wants roommates, an investor who wants to buy and hold, or even someone who wants to purchase a home below market value and convert the bonus rooms back to common areas. Close to parks, schools, shopping, services and easy freeway access.

FOR MORE INFO, check out https://homes.dreambigre.com/blog.php

Brian Bean & Tim Hardin
Homeowner Advocates | Real Estate Professionals
The Dream Big Team @ Better Homes and Gardens Real Estate Champions
951-314-5402
[email protected]
CA DRE Lic. 01346382 | 01771911

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Brian Bean and Tim Hardin - The Dream Big Team

Brian Bean BRE 01346382 951-314-5402 Timothy Hardin BRE 01771911 951-367-5821 19322 Jesse Lane Riverside, CA 92508 951.565.8105 WE ARE A TEAM OF HOMEOWNER ADVOCATES and Real Estat....

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