$849,900

10640 Burton Street

Riverside CA, 92505

Description

100% Occupied Riverside Fourplex with Below market rents and all tenants paying! This is the first time this property has been on the market for over 30 years. The property consists of one four unit building. All units are two bedroom one bathroom with two units being upstairs and two downstairs. Tenants are responsible for gas and electric and owner pays for water, sewer and common area utilities. Each unit has two parking spaces on the premises with 2 of the units having covered garage spaces. All tenants are currently paying full rent have lease expirations coming in the near future. This will allow a buyer to substantially increase rents in the units over the next year. Recent Upgrades to the property include newly repaved driveway and parking lot, exterior paint, plumbing upgrades and more. This property can be purchased by itself or with 10652 Burton St.

Details

MLS#PW20211416
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1965
Days On Site148

Features

SQ Feet3,950
Units4
Building(s)1

Market Activity 92505

Loading Form
Loading Form
Area Information
StateCA
CountyRiverside
CityRiverside
Zip Code92505
Area252 - Riverside
Listing VS Median (in 92505)
Price:
$849,900
low | high
Med:
$547,000
85.63948699847% of Average
SqFt:
3,950
low | high
Med:
1,947
100% of Average
$ / SqFt:
$215
low | high
Med:
$281
19.431927842394% of Average
On Site:
148
low | high
Med:
138.500000
100% of Average
Sourced by Back At You
Listing Updated: December 14, 2020 2:38:20 AM PST
Matthew Hopkins LogoMLS Number: PW20211416
Listing Provided By:
Matthew Hopkins  of  Citivest Inc
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.