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GREAT Opportunity to OWN a 9 Unit FULLY REMODELED - CASH FLOW Property with ADU Possibilities * * WONDERFUL Location in Downtown Riverside is Minutes to ALL AMENITIES with the Mission Inn, Shopping, Dining, Restaurants, Entertainment, Transportation Services and Hospital/Medical Facilities * * This MULTI-FAMILY Property Offers (8) 1 Bed/1 Bath Units and (1) 2 Bed/1 Bath Unit, 4 Garages, Laundry Room and In-Front Parking Spaces * * 7 Units have been FULLY REMODELED and Upgraded with NEW Custom Bathrooms, REMODELED Kitchens with Stainless Steel Appliance Package and GRANITE SLAB Counters, NEW Fixtures, Updated Plumbing, Tankless Water Heaters, Mini Split Heating/AC Units & MUCH MORE * * The (4) Garages could be Converted to an ADU for Additional Income Opportunities * * This is Perfect for the SAVY Investor wanting to add to their Portfolio * * Located on a Palm Tree-Lined Street, this Property Exudes Curb Appeal & Charm - Close Proximity to Class A buildings further enhances its Desirability, Ensuring a Steady Stream of Demand from Tenants seeking Premium Accommodations. After an Impressive 40-year tenure, this Property is now hitting the Market, presenting an Exceptional Opportunity for Expansion in the Thriving IE market. Seller is MOTIVATED!!
Property Type(s):
Commercial
| Last Updated | 3/14/2025 | Year Built | 1961 |
|---|---|---|---|
| Community | Riverside | County | Riverside |
Additional Details
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Riverside |
| CONSTRUCTION | Stucco |
| HEAT | Ductless, See Remarks |
| LOT | 8712 sq ft |
| LOT DESCRIPTION | Level, Rectangular Lot, Street Level |
| STORIES | 2 |
| UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| WATER | Public |
Location
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Listed with Elevate Real Estate Agency
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