Description
AN INVESTOR'S DREAM! ***** Completely renovated (2020), TURN-KEY furnished, 1BR condominium in the heart of Palm Springs. Unit C16 overlooks the beautiful community pool with a spectacular full mountain view. ***** The Biarritz condominium community is a rare investment opportunity with NO SHORT-TERM RENTAL RESTRICTIONS. Unit C16 grossed $41K in rental income in 2022. Community features a heated pool, two hot tubs, gated garage parking and two tennis courts. HOA fee covers property insurance, water, trash, sewer, internet and cable TV. ***** Owner has invested over $53K in upgrades and furnishings, including: new cabinets in kitchen and bath, new countertops, new appliances, new laminate flooring throughout, new double pane energy efficient sliding doors, new light fixtures and ceiling fans, new LED recessed can lights, new interior doors and hardware, new shower base, tile, sliding shower door, plumbing fixtures, commode and vanity in bathroom. Two smart TVs and king size bed. ***** LAND LEASE EXPIRES IN 2046 - HOA has not yet negotiated an extension. Financed loans would need to be 15 years or less.
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1BEDS
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0.02ACRES
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1BATHS
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01/2 BATHS
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568SQFT
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$528$/SQFT
Description
AN INVESTOR'S DREAM! ***** Completely renovated (2020), TURN-KEY furnished, 1BR condominium in the heart of Palm Springs. Unit C16 overlooks the beautiful community pool with a spectacular full mountain view. ***** The Biarritz condominium community is a rare investment opportunity with NO SHORT-TERM RENTAL RESTRICTIONS. Unit C16 grossed $41K in rental income in 2022. Community features a heated pool, two hot tubs, gated garage parking and two tennis courts. HOA fee covers property insurance, water, trash, sewer, internet and cable TV. ***** Owner has invested over $53K in upgrades and furnishings, including: new cabinets in kitchen and bath, new countertops, new appliances, new laminate flooring throughout, new double pane energy efficient sliding doors, new light fixtures and ceiling fans, new LED recessed can lights, new interior doors and hardware, new shower base, tile, sliding shower door, plumbing fixtures, commode and vanity in bathroom. Two smart TVs and king size bed. ***** LAND LEASE EXPIRES IN 2046 - HOA has not yet negotiated an extension. Financed loans would need to be 15 years or less.
Licensed in the State of California, USA