9059 Colony Pl
riverside, CA 92503$1,350,000
INTERESTED? LET'S CONNECT
Excellent opportunity to own four units that are leased at below market rents. Property is zoned R3. Not only is the property is conveniently located behind a renovated Stater Brothers shopping center with a Canes nearby, but this investment property can sustain itself. The property generates enough in rents that it will cover the expenses, property insurance, and the mortgage. The four units also comes with a community laundry room that is coin operated. The washer and dryer machines are rented and the 3rd party company takes care of everything. The landlord nets about $100 per month. The investment property also has eight to nine parking spots. See attached supplements for: Property inspection reports, title, sewage, termite, seller disclosures, and offer template. All you need to do is plop in the price! Be sure to click on the 360 3D matter port tour. MLS only allows for one tour, so I have added the rest on the supplements, if you want to view the other units. Many of the leases renewal will be in the summer. Property will be sold as-is.
Details
3,784 Sq Ft
0.22 Private Acres Exterior Space
Investment
Built in 1978
MLS/Listing ID AR25048685
2 Stories
4 Units
Amenities & Features
Parking - One Space
Parking - Private
Parking - Paved
Community - Sidewalks
Community - Suburban
Refrigerator
Composition
Parking - Uncovered
Gas Oven
Parking - On Site
Lot - Rectangular Lot
Lot - Cul-de-sac
Lot - Backyard
Common Area
All Bedrooms Down
Unfurnished
Slab
Wood
Construction - Stucco
Listing Courtesy of COMPASS, DOUGLAS LEE - 650-279-1212

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE