4160 Chestnut St - Multi-Family FOR SALE


Riverside, CA 92501- Downtown Riverside
$799,000 USD
949-291-5691
4160 Chestnut St, Riverside, CA for Sale
$799,000 USD
Multi-Family - FOR SALE
1/7

4160 Chestnut St
Riverside, CA 92501
Downtown Riverside


OVERVIEW

A UNIQUE CRAFTMAN DESIGNED 3 UNIT INVESTMENT PROPERTY IN DOWNTOWN RIVERSIDE - THIS PROPERTY IS ON A STREET TO ALLEY PARCEL THAT IS FLAT AND USABLE- THERE ARE 3 GARAGES AND 5 OFF STREET PARKING SPACES - THE BACKYARD IS MASSIVE AND USABLE WITH ORANGE AND GRAPEFRIUT TREES - THE SUBJECT PROPERTY IS WALKING DISTANCE TO MISSION INN, THE GREAT RESTAURANTS , THE NIGHT LIFE AND ENTERTAINMENT - THE ENTRY TO THE UNITS IS A LARGE SHADY PORCH - THE FIRST UNIT IS 2 BEDROOMS 1 BATH AND ENCLOSED ENTRY PORCH - THE FLOORS ARE GLOSSY HARDWOOD - THERE IS A LARGE COUNTRY KITCHEN AND A SEPARATE LAUNDRYROOM - ALL THE ROOMS ARE BRIGHT AND AIRY - THERE IS PRIVATE EXIT TO THE BIG REAR YARD - THE SECOND UNIT HAS 1 BEDROOM AND 1 BATH AND WITH A FIREPLACE WITH HEARTH AND MANTEL AND HARDWOOD FLOORS AND CHARM GLORE - THE THIRD UNIT HAS 1 BEDROOM WHICK IS UP STAIRS IN A LOFT - THERE IS OFF STREET PARKING FOR 5 CARS- THE SPECIAL FEATURE IS A LARGE FENCED SIDE YARD FOR GARDENING OR BBQ WITH FRIENDS OR FAMILY - THERE IS HARDLY ANG TURN OVER WITH THE TENANTS BECAUSE OF THE QUAILTY OF THE BUILDING AND THE LOCATION

FOR SALE DETAILS

PRICE

$799,000 USD

# OF UNITS

3

PRICE/UNIT

$266,333

CAP RATE

5.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CRAFTMAN DESIGNED 3 UNIT INVESTMENT

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

TRIPLEX

APN/PARCEL ID

215-222-021

ASK ABOUT THIS PROPERTY

Ken KelleyCoast & Country Real EstateMore Info
949-291-5691

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ken KelleyCoast & Country Real EstateMore Info
949-291-5691

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.