9079 Colony PlaceRiverside, CA 92503

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.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1978

Stories

2

Building area

4,113 Sq Ft

Lot size

0.21 acres

Days on market

67

MLS^® Listing#

IG26158195

Property Features

Cooling

Central Air

Heating

None

Fireplace

None

Pool

None

Laundry

Common Area · Laundry Room

Lot features

Landscaped

Community

Street Lights · Sidewalks

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

191071005

Directions

Van Buren to Jackson St.