About This Home
This 9-bedroom, 5-bathroom multi-family at 9079 Colony Place in Riverside, CA is listed for $1,350,000. Built in 1978, on a 0.21 acres lot.
Key Features
- Built in 1978
- 0.21 acre lot
- 2 stories
Property Details
Amenities
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.
Monthly Cost Estimate
$7,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
9079 Colony Place
Riverside, CA 92503
Property Details
Cooling
Questions & Answers
This 9-bedroom, 5-bathroom multi-family at 9079 Colony Place is listed at $1,350,000. The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1978, 0.21 acre lot, 2 stories.
This property is listed by Ruby Pineda and can be reached at 9513135229.