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Listed by DAVID FRIEDMAN • REALICORE
$ 795,000
Est. payment | /mo
2,150 SqFt
$ 795,000
Est. payment | /mo
2,150 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,150 sqft
Price per Sqft $369
MLS Listing ID CRIG25265448
HOA Y/N No
Year Built 1949
Lot Size 0.450 Acres
Property Sub-Type Triplex
Source Datashare California Regional
Property Description
Pride of ownership triplex in growing area of Moreno Valley. New Sprouts, Starbucks and more just opened a block away. Triplex consists of a 2 bed, 1 bath front house, and two 1 bed, 1 bath units in the back. All units have their own garage. New roof installed in 2023. Property has long-term, reliable tenants that are all month to month. Rents are below market and provide an opportunity for an investor to increase rents or for someone to move into one of the units and make rental income off of the others to offset the mortgage. Plenty of space for parking or even adding an additional unit. Property has been well maintained by property owner. Great location north of the 60 freeway. Short distance to Riverside, Ontario, Palm Springs, etc. Other recent upgrades include: Mini splits for back units in 2022, exterior of the house was painted back in 2020, interiors were painted within the last 5 years, new roof in 2023, new front house water heater in 2021, new wood fence along back of property, separating backyards in 2023. Revenue and operating expenses provided by owner as accurately as possible. Buyer to complete due diligence.
Location
State CA
County Riverside
Interior
Heating Central
Fireplace No
Laundry Inside
Building
Lot Description Other
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745