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$ 1,350,000
Est. payment | /mo
7 Beds
5 Baths
7,405 Sqft Lot
$ 1,350,000
Est. payment | /mo
7 Beds
5 Baths
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25074030
Bedrooms 7
HOA Y/N No
Lot Size 7,405 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
WE HAVE ANOTHER ONE BRAND NEW INCREDIBLE 3 UNIT PROPERTY ! If you are looking for a beautiful investment property, then this one is for you. This is a once in a lifetime opportunity to buy 3 units. Close escrow and rent them out immediately, no work to be done. Most investment properties on the market are old and are in need of major renovations. It's very difficult to find an income property that is as nice as this one, no one is building them anymore. Live in the main house and rent out the back 2 units to pay the mortgage. Or Airbnb one, two, or all three. There are no recorded covenants or restrictions from the city on this property. ***The main house consists of 3 bedrooms and 1 bathroom, very spacious with a remolded kitchen, remolded bathroom, new interior paint, new luxury vinyl waterproof flooring throughout, new recessed lighting, beautiful quartz counter tops, white shaker cabinets, big picture window in the main living area, new exterior stucco, new hvac, new exterior landscaping. ***The 2 additional units in the back are approximately 800 sq ft each and are Brand New Construction. Each has their own private entrance, separate utilities, separate address, separate parking and totally detached and separate from each other. Each unit has 2 bedrooms and two bathrooms. (Yes 2 bathrooms!) They both have beautiful white shaker cabinets, quartz counter tops, black accent finishes throughout, luxury vinyl waterproof flooring, a/c and heating system, low energy dual pane vinyl windows, new appliances, ceiling fans, and separate room for washer/dryer hookups. These homes
WE HAVE ANOTHER ONE BRAND NEW INCREDIBLE 3 UNIT PROPERTY ! If you are looking for a beautiful investment property, then this one is for you. This is a once in a lifetime opportunity to buy 3 units. Close escrow and rent them out immediately, no work to be done. Most investment properties on the market are old and are in need of major renovations. It's very difficult to find an income property that is as nice as this one, no one is building them anymore. Live in the main house and rent out the back 2 units to pay the mortgage. Or Airbnb one, two, or all three. There are no recorded covenants or restrictions from the city on this property. ***The main house consists of 3 bedrooms and 1 bathroom, very spacious with a remolded kitchen, remolded bathroom, new interior paint, new luxury vinyl waterproof flooring throughout, new recessed lighting, beautiful quartz counter tops, white shaker cabinets, big picture window in the main living area, new exterior stucco, new hvac, new exterior landscaping. ***The 2 additional units in the back are approximately 800 sq ft each and are Brand New Construction. Each has their own private entrance, separate utilities, separate address, separate parking and totally detached and separate from each other. Each unit has 2 bedrooms and two bathrooms. (Yes 2 bathrooms!) They both have beautiful white shaker cabinets, quartz counter tops, black accent finishes throughout, luxury vinyl waterproof flooring, a/c and heating system, low energy dual pane vinyl windows, new appliances, ceiling fans, and separate room for washer/dryer hookups. These homes were built with 2x6 construction something not heard of in California, your tenants will appreciate having lower utility bills due to the extra thick insulated walls, insulated ceilings and roofs. You can't find these types of upgrades in any of the units that are being sold today. All units are separately metered and permitted. The owner only pays water. Riverside is thriving, close to Downtown Riverside, UCR, Riverside Community Hospital, Riverside Community College, Riverside Shopping Plaza. This property is truly a rarity and a gem and will not last because it is simply One of a Kind !
WE HAVE ANOTHER ONE BRAND NEW INCREDIBLE 3 UNIT PROPERTY ! If you are looking for a beautiful investment property, then this one is for you. This is a once in a lifetime opportunity to buy 3 units. Close escrow and rent them out immediately, no work to be done. Most investment properties on the market are old and are in need of major renovations. It's very difficult to find an income property that is as nice as this one, no one is building them anymore. Live in the main house and rent out the back 2 units to pay the mortgage. Or Airbnb one, two, or all three. There are no recorded covenants or restrictions from the city on this property. ***The main house consists of 3 bedrooms and 1 bathroom, very spacious with a remolded kitchen, remolded bathroom, new interior paint, new luxury vinyl waterproof flooring throughout, new recessed lighting, beautiful quartz counter tops, white shaker cabinets, big picture window in the main living area, new exterior stucco, new hvac, new exterior landscaping. ***The 2 additional units in the back are approximately 800 sq ft each and are Brand New Construction. Each has their own private entrance, separate utilities, separate address, separate parking and totally detached and separate from each other. Each unit has 2 bedrooms and two bathrooms. (Yes 2 bathrooms!) They both have beautiful white shaker cabinets, quartz counter tops, black accent finishes throughout, luxury vinyl waterproof flooring, a/c and heating system, low energy dual pane vinyl windows, new appliances, ceiling fans, and separate room for washer/dryer hookups. These homes were built with 2x6 construction something not heard of in California, your tenants will appreciate having lower utility bills due to the extra thick insulated walls, insulated ceilings and roofs. You can't find these types of upgrades in any of the units that are being sold today. All units are separately metered and permitted. The owner only pays water. Riverside is thriving, close to Downtown Riverside, UCR, Riverside Community Hospital, Riverside Community College, Riverside Shopping Plaza. This property is truly a rarity and a gem and will not last because it is simply One of a Kind !
Location
State CA
County Riverside
Area Riv Cty-Riverside (92506)
Zoning Builder
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by ROBIN RICHARD • INLAND CITIES REALTY