3311 Lime new Save Request In-Person Tour Request Virtual Tour
Riverside,CA 92501
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG25236010
HOA Y/N No
Year Built 1916
Lot Size 5,662 Sqft
Property Sub-Type Quadruplex
Property Description
FOUR UNITS in great Riverside location that is turnkey. One of Four units is vacant, which allows for Owner Occupant buyers. Let them pay your mortgage. 4 electric meters, 4 gas meters, 1 water meter. 4 driveway parking spaces on Lime.
Downstairs 1 bedroom 697 sqft. 3309 Lime St. has its own water heater and modern HVAC for heat and AC. Front covered patio and fenced front yard.
Downstairs 2 bedroom 786 sqft. 3311 Lime St. has its own water heater and modern HVAC for heat and AC. Laundry hookups and its own private fenced backyard.
Upstairs 1 Bedroom 292 sqft. 3424 3rd St. A has its own water heater and wall heater and window AC. Possible second child's bedroom. Shared fenced back yard
Upstairs 2 bedroom 370 sqft. 3424 3rd St. B has its own water heater and wall heater and window AC. Large living room and a balcony. Shared fenced back yard
Basement is large and very clean with access from the back yard. There has been extensive retrofitting for earthquake that has been permitted. Each unit has its own water shut off. Upstairs units have a shared laundry connection at the bottom of the stairs. Newer comp shingle roof (2010), retrofit basement (2009) windows, gutters, paint, plumbing water and drains (2009), New electrical (2009), fumigation (2022) and more.
This is a must see, you will not be disappointed. Don't miss the opportunity. Tenants are underpaying due to the kindness of the current owner. You have the potential to get these rents up to market value and make a nice monthly profit with low overhead due to the tenants paying for their own gas, electricity, and trash.
3 units are occupied. View the vacant unit and make your offer subject to inspection of the 3 occupied units.
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Fireplace No
Laundry See Remarks
Exterior
Parking Features Driveway
Pool None
Community Features Suburban
Total Parking Spaces 4
Private Pool No
Building
Lot Description Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 213121015
Acceptable Financing Cash,Conventional,FHA 203(b),FHA,Fannie Mae,Freddie Mac,VA Loan,VA No Loan
Listing Terms Cash,Conventional,FHA 203(b),FHA,Fannie Mae,Freddie Mac,VA Loan,VA No Loan
Special Listing Condition Standard