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671 Greystone Ln - 671 Greystone 4 Unit Apartment Building Offered at $1,175,881 CAD at a 6.10% Cap Rate Hemet, CA 92543

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EXECUTIVE SUMMARY

Rare opportunity to own a true fourplex where every unit is a 3 bedroom, 1 bath- a setup you won't find often in Hemet. Most multifamily properties in the area mix of 2-bedrooms with maybe one larger unit, but this one delivers consistent rental appeal across all four. Each unit offers a functional floor plan with its own private yard, plenty of potential for outdoor space or additional storage. Property will benefit from roof work and cosmetic upgrades, but the fundamentals are strong: stable tenant history, great unit mix, and huge value-add potential. Conveniently located near shopping, schools, and commuter routes, this property is ideal for the investor looking for a 1031 exchange, a cash-flow reposition, or simply to add a solid income property to their portfolio. Opportunities like this- 4 full sized 3-bedroom units on one lot- don't come around often!

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,175,881 CAD
Price Per Unit $293,970 CAD
Sale Type Investment
Cap Rate 6.10%
No. Units 4
Property Type Multifamily
Lot Size 0.22 AC
Building Size 3,600 SF
Average Occupancy 100%
No. Stories 1
Year Built 1976

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 4 $2,628 CAD 900
  • Listing ID: 37478734

  • Date on Market: 2025-08-29

  • Last Updated:

  • Address: 671 Greystone Ln, Hemet, CA 92543

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