340 N 8th, Banning, CA 92220
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$ 395,000
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340 N 8th Banning, CA 92220

4 Beds

2 Baths

1,518 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,518 sqft

Price per Sqft $260

Subdivision Na

MLS Listing ID CV26227445

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1979

Lot Size 5,662 Sqft

Property Sub-Type Duplex

Property Description

INVESTMENT OPPORTUNITY IN BANNING, CA!
Looking to expand your real estate portfolio? Discover the possibilities with this duplex in Banning, offering two income-producing units on a 5,662 sq. ft. lot! The property features a combined 4 bedrooms, 2 bathrooms, and approximately 1,518 sq. ft. of living space. Both units are currently tenant-occupied, generating a combined $2,155 in monthly rental income, or $25,860 annually. Whether you're an experienced investor or looking to make your first investment in real estate, this property deserves your attention. The seller currently covers water and electricity expenses. Buyers are encouraged to review the existing rental agreements and operating expenses. Two units. One property. An opportunity worth exploring! Contact us today for additional details and discover the potential this Banning duplex has to offer!

Location

State CA

County Riverside

Area 263 - Banning/Beaumont/Cherry Valley

Rooms

Main Level Bedrooms 4

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Attached Carport

Pool None

Community Features Sidewalks

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Banning Unified

Others

Senior Community No

Tax ID 540141006

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Naim Olachea PRICE REAL ESTATE GROUP INC 951-233-1890, DRE #01956839
Dylan Rodriguez

Dylan Rodriguez

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+1(951) 505-5991

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340 N 8th