Investor Opportunity! Add this tenant-occupied, income-producing rental property to your portfolio, or take advantage of a great opportunity to begin your journey as a first-time investor. This charming single-level mid-century home offers 3 bedrooms, 2 bathrooms, and approximately 1,075 sq. ft. of living space on a spacious 7,841 sq. ft. lot.
The property features great curb appeal with a lush front lawn, wide driveway, two-car attached garage, and covered carport, providing ample parking for multiple vehicles with possible room for RV and/or boat parking. Inside, the home offers many desirable upgrades, several of which were completed in 2022, including dual-pane windows, real hardwood flooring, crown molding, recessed lighting, panel-style doors, ceiling fans in all bedrooms, and a newer A/C system.
The upgraded kitchen showcases granite countertops, custom cabinetry, recessed lighting, tile flooring, a five-burner stove, and a convenient breakfast bar, creating a functional space for everyday living and casual dining. The guest bathroom includes a tub/shower combination, while the primary bedroom features an ensuite bathroom with tile finishes, a tub, and walk-in shower.
The backyard offers additional outdoor enjoyment with a covered patio, garden area, and two mature lemon trees. Conveniently located with quick access to the 91 and 215 freeways and just minutes from historic Downtown Riverside, the Mission Inn, award-winning restaurants, dining, bars, breweries, museums, and entertainment.
Property is tenant occupied and will be sold with tenants in place. Current lease ending Mar 31 2027. A solid opportunity for investors seeking an established rental property with existing income potential and great CAP rate!. Buyer to verify all information, including square footage, lot size, permits, rental terms, and use.