4160 Chestnut St - CRAFTMAN DESIGNED 3 UNIT INVESTMENT 3 Unit Apartment Building Offered at $1,096,548 CAD at a 5.01% Cap Rate Riverside, CA 92501

A UNIQUE CRAFTMAN DESIGNED 3 UNIT INVESTMENT PROPERTY IN DOWNTOWN RIVERSIDE - THIS PROPERTY IS ON A STREET TO ALLEY PARCEL THAT IS FLAT AND USABLE- THERE ARE 3 GARAGES AND 5 OFF STREET PARKING SPACES - THE BACKYARD IS MASSIVE AND USABLE WITH ORANGE AND GRAPEFRIUT TREES - THE SUBJECT PROPERTY IS WALKING DISTANCE TO MISSION INN, THE GREAT RESTAURANTS , THE NIGHT LIFE AND ENTERTAINMENT - THE ENTRY TO THE UNITS IS A LARGE SHADY PORCH - THE FIRST UNIT IS 2 BEDROOMS 1 BATH AND ENCLOSED ENTRY PORCH - THE FLOORS ARE GLOSSY HARDWOOD - THERE IS A LARGE COUNTRY KITCHEN AND A SEPARATE LAUNDRYROOM - ALL THE ROOMS ARE BRIGHT AND AIRY - THERE IS PRIVATE EXIT TO THE BIG REAR YARD - THE SECOND UNIT HAS 1 BEDROOM AND 1 BATH AND WITH A FIREPLACE WITH HEARTH AND MANTEL AND HARDWOOD FLOORS AND CHARM GLORE - THE THIRD UNIT HAS 1 BEDROOM WHICK IS UP STAIRS IN A LOFT - THERE IS OFF STREET PARKING FOR 5 CARS- THE SPECIAL FEATURE IS A LARGE FENCED SIDE YARD FOR GARDENING OR BBQ WITH FRIENDS OR FAMILY - THERE IS HARDLY ANG TURN OVER WITH THE TENANTS BECAUSE OF THE QUAILTY OF THE BUILDING AND THE LOCATION