Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Duplex

Bedrooms

2

Building size

1,530 sqft

Lot size

9,583 sqft

Year built

1948

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

2

MLS #

246745273

About this property

DON’T MISS THIS RARE TWO-HOMES-ON-ONE-LOT OPPORTUNITY! Whether you’re an investor looking for income potential or an owner-user who wants to live in one home and rent the other, this property offers exceptional flexibility. Both residences are ready for immediate occupancy, allowing the new owner to move in or begin establishing market rents right away. Each residence features 2 bedrooms and 1 bathroom and has been refreshed with new interior paint, new flooring, and newly installed wall A/C units, creating a clean, updated and move-in-ready feel. The rear residence offers additional usable space with an attached garage currently converted into an additional bedroom and living area without permits. Buyer to independently investigate and verify permits, square footage, use, rental potential and all property information with the appropriate authorities. Step outside to an expansive backyard offering plenty of room for outdoor entertaining, recreation and future possibilities. Conveniently located near shopping, dining, schools and everyday amenities, with easy access to the 60 Freeway and surrounding Riverside and Inland Empire communities. With two separate 2-bedroom residences, recent improvements and strong rental potential, opportunities like this are hard to find. Ideal for investors, multi-generational living or an owner-occupant looking for additional rental-income potential. Act quickly—this unique two-on-a-lot property is one you won’t want to miss!

Location

4057 Fort

Riverside, Riverside, CA, 92509