For Sale
$699,999

308 Spring StBlythe, CA 92225

Eight-unit property, high rental income potential.

Overview

Added:
Feb 3
Days on market:
62
This exceptional investment opportunity presents a fully occupied eight-unit multifamily property situated on a half-acre lot at 308 Spring Street in Blythe, California. The property boasts a substantial 6,800 square feet of living space, currently generating a consistent income stream. All eight units are occupied under month-to-month tenancies, providing immediate cash flow and flexibility for the new owner. The strong market demand and steady increase in rental rates in the Blythe area present a significant opportunity to enhance profitability through future rent adjustments. This property is an ideal addition to any investor's portfolio, offering a solid foundation for long-term growth and passive income. The 0.51-acre lot provides ample space, and the existing structure is well-maintained and ready for immediate occupancy. The property's location in Blythe offers convenient access to local amenities and transportation. This is a turnkey investment, requiring minimal effort to begin generating substantial returns. The current occupancy rate and month-to-month leases provide a high degree of control and flexibility for the new owner. This is a rare opportunity to acquire a stable, income-producing asset in a growing market. Don't miss out on this chance to secure a valuable addition to your real estate holdings. The asking price is $699,999.

Property Details for 308 Spring St

Property type
Square Feet
6,800 SF
Year Built
1957
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Blythe
County
Riverside
State
California
Latitude
33.60636
Longitude
-114.5978
308 Spring St, Blythe, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
308 Spring St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message