Pride of ownership but priced like a fixer. Discover a lucrative opportunity with these four single-family detached homes, ideally positioned on a spacious corner lot with room to add an additional home—perfect for future expansion and increased rental income. Each home offers a functional, modern design with an open-concept living area, a sleek kitchen, one bedroom, and a well-appointed bathroom featuring a tiled shower. Occupancy Details: Units 2, 3, and 5 are tenant-occupied; Unit 4 is available for showings. There is no Unit 1. Please do not disturb tenants.Investor Highlights: Professionally managed. Turnkey Condition: Remodeled in 2022, minimizing immediate maintenance needs.Income Flexibility: Maximize cash flow by renting all four homes, go owner-occupied utilizing a small down payment, or add additional units for added revenue.Utility Arrangements: Tenants pay for electricity, trash, and sewer, owner covers water and gas (gas limited to hot water heaters only).Scalable Investment: Tiny home community.This property is an outstanding investment, offering solid rental income today and substantial growth potential for the future.
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DAYS ON MARKET
|
1
|
LAST UPDATED
|
11/13/2024
|
|
YEAR BUILT
|
1953
|
COMMUNITY
|
Riverside
|
|
COUNTY
|
Riverside
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STATUS
|
Active
|
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PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Oven, Electric Range |
| AREA |
Riverside |
| HEAT |
Combination |
| HOA DUES |
0 |
| INTERIOR |
Bedroom on Main Level |
| LOT |
10019 sq ft |
| LOT DESCRIPTION |
Corner Lot, Yard |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| UTILITIES |
Electric: Electricity - On Property |
| WATER |
Public |
| ZONING |
R1065 |
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Listed with RIVERSIDE REAL ESTATE PROS
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/14/24 7:55 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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