9079 Colony Place, Riverside, CA 92503

$1,350,000
4,113
SqFt

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List Price
$1,350,000
Status
ACTIVE
MLS#
IG-26158195
Year Built
1978
Living Sq. Ft
4,113
Lot Size
9,148
Days on Market
55
Property Type
Multifamily
Stories
2

Property Description

Excellent investment opportunity. This well-maintained fourplex offers a desirable unit mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit, providing strong rental appeal and excellent income potential. Recent property improvements include a new roof and fresh exterior paint, enhancing both curb appeal and long-term value. The property features 4 separate electric meters, 4 separate gas meters, and 1 shared water meter, making utility management efficient. Additional income potential is provided by the community coin-operated laundry room, while 8 on-site parking spaces offer ample parking for residents. Conveniently located near shopping, dining, schools, parks, and major freeways, this income-producing property is situated in a highly desirable rental market. Whether you’re an experienced investor or looking to add a quality multifamily asset to your portfolio, 9079 Colony Place offers a combination of recent upgrades, desirable amenities, and strong long-term investment potential.

Additional Information

Land Lease Type
Fee
Fireplace Description
None

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Calculator source: Real Geeks

Listing courtesy of Blue Monkey Realty.