9059 Colony Place Active Save Request In-Person Tour Request Virtual Tour
Riverside,CA 92503
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,784 sqft
Price per Sqft $356
MLS Listing ID CRAR25048685
HOA Y/N No
Year Built 1978
Lot Size 9,583 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
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.
Location
State CA
County Riverside
Interior
Heating None
Cooling Central Air
Flooring See Remarks
Fireplace No
Laundry Community Facility,See Remarks
Exterior
View None
Handicap Access See Remarks
Building
Lot Description Cul-De-Sac,Other,Back Yard
Water Public