SoldJun 22, 2017

Listed by Amy Beckum

Listed and Bought with FERNANDO REZA from Keller Williams Covina

Source: California Regional Multiple Listing Service, Inc #CV18184912

2944 6th St, Riverside, CA, 92507

$540,000

10019 sq. ft.

Other

30+ days on the market

Sold: Jun 22, 2017

What's around 2944 6th St

Duplex - Riverside, CA

A Fantastic Investment Cash Flow property in downtown Riverside! The numbers are incredible, great Income! Centrally located near freeways and Metro Link trans. Close proximity to restaurants, Parks and The Missions Inn Hotel. Lots of newer construction and development in this area. This 11 unit income property is situated right off University near the 91. The larger unit in rear is allowed by city due to grandfathered clause as a dorm/ bunk type dwelling and has a newer roof less than 5 years old. Property offers front house, a 2nd structure for storage and a 3rd larger rear unit that houses 9 studio Dorm style bedrooms. The front house has 2 bedrooms 1 bath. Currently rented. Studio in the back of the main house with a kitchen, also rented. Coin laundry room attached to the main house with outside access for all tenants. Security Cameras installed. Behind front house are two more bldgs. 1st bldg can be used for storage,office or game room. The other bldg has 9 bunk/dorm style bedrooms. These 9 rooms all have a closet space. Dorm #9 is much larger and is located at rear with separate entry. These bunk studios share a bathroom and separate shower room with laundry sink. All units are cable/phone ready. Current owner had all bunk units rented at $495 each and vacated them to clean up and paint for sale. Currently owner pays for all utilities except for the main house. Plenty of parking space on property and as well as on street.. CALL LISTING AGENT TODAY FOR SHOWING!

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