7622 Peters Street

    Riverside, CA 92504
    • $389,000
    • STATUS: Active
    • ON SITE: 227 days
    • ID#: PW18076884
    UPDATED: 137 min ago
    $389,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,428
      SQFT
    • $272
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    Price just Reduced!!!! Seller really wants it sold. Great Opportunity to Invest, Terrific income property two homes on one lot. Front house is 804 st ft. the back house is 624 sq ft on county record. There is a free standing laundry room in the back that is used by both tenants one gas meter, electrical meter and water. Tenants pay the bills which can be split to two separate utilities. Good Income for current owner. Both units are almost identical, each having 2 bedrooms and 1 full Bathroom the back house is a bit smaller. There is a long driveway that leads to a 2 car garage. to the left of the garage is a play room. Plenty of space on this super sized lot. The two homes have recently been re-piped, and the roof has been replaced tenants currently occupy both properties. Don't miss out on this great opportunity to own two units for what many 1- unit properties sell for in the same area. Both units are being rented to great tenants who are now on a month to month rental agreement. Exterior just recently painted.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T00:30:30.353. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/82309352

    7622 Peters Street Riverside, CA 92504

    • Price: $389,000
    • Status: Active
    • Updated: 137 min ago
    • ID#: PW18076884
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    1,428
    SQFT
    $272
    $/SQFT
    1953
    Built
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    Price just Reduced!!!! Seller really wants it sold. Great Opportunity to Invest, Terrific income property two homes on one lot. Front house is 804 st ft. the back house is 624 sq ft on county record. There is a free standing laundry room in the back that is used by both tenants one gas meter, electrical meter and water. Tenants pay the bills which can be split to two separate utilities. Good Income for current owner. Both units are almost identical, each having 2 bedrooms and 1 full Bathroom the back house is a bit smaller. There is a long driveway that leads to a 2 car garage. to the left of the garage is a play room. Plenty of space on this super sized lot. The two homes have recently been re-piped, and the roof has been replaced tenants currently occupy both properties. Don't miss out on this great opportunity to own two units for what many 1- unit properties sell for in the same area. Both units are being rented to great tenants who are now on a month to month rental agreement. Exterior just recently painted.
    Exterior Features

    Architectural Style CraftsmanTraditional Construction Materials Aluminum Siding Exterior Features Satellite DishTv Antenna Fence YN Yes Fencing Chain Link Foundation Details Raised Garage Spaces 2.00 Lot Features 2-5 Units/AcreFront YardLevel With StreetLot 10000-19999 SqftLot Shape-RectangularLot-Level/FlatUtilities - Overhead Lot Size Source Assessor Lot Size Units Square Feet Parking Features Direct Garage AccessDrivewayDriveway - ConcreteGarage - Front Entry Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View NeighborhoodNone

    Interior Features

    Appliances Garbage DisposalGas Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 804 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Evaporative Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetWood Heating Wall Heater Heating YN Yes Laundry Features CommunityIndividual RoomInside Levels One Room Type KitchenLiving Room Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Standard Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 16700.00 Gross Scheduled Income 19500.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 16700.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 2800.00 Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesCable TvElectricityExterior Maintenance Total Actual Rent 1625.00 Total Expenses 0.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas ConnectedPhone AvailableSewer Connected Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning R1

    Listing provided courtesy of Lorie Felling of Remax Realty Centre.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T00:30:30.353. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604