340 N 8th, Banning, CA 92220

$395,000
4
BD
2
BA
1,518
SqFt

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List Price
$395,000
Status
COMING SOON
MLS#
CV26227445
Year Built
1979
Bedrooms
4
Bathrooms
2
Living Sq. Ft
1,518
Lot Size
5,663
Acres
0.13
Lot Location
2-5 Units/Acre
Days on Market
26
Property Type
Single Family Residential
Property Sub Type
Duplex
Stories
One Level
Neighborhood
Na

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!

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood
Sewer
Public Sewer
Water
Public
School District
Banning Unified
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
2

Listing courtesy of Listing Agent: Naim Olachea (buyfromnaim410@gmail.com) from Listing Office: PRICE REAL ESTATE GROUP INC.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.