2576 Lime Street

Riverside, CA 92501

$799,900

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1984

calendar_month Built

Property Description

Welcome to this prime duplex investment opportunity located at 2576 - 2578 Lime Street, Riverside, CA! This well-maintained property features two separate units, each offering 2 spacious bedrooms and 2 full bathrooms, complete with their own electric and gas meters for easy management. Both units include in-unit laundry, central heating and air conditioning, and newer flooring throughout. The entire roof was recently replaced in 2021, ensuring a worry-free investment for years to come. The property offers ample parking with space for up to 4 vehicles, including a 1-car garage, 1 covered carport space, and 2 additional uncovered parking spots for each unit. Situated on a large 10,019 sq. ft. lot, just shy of a quarter acre, there’s potential for future expansion. The existing garages can potentially be converted into additional units or an ADU, subject to local building codes and regulations. Located in an excellent area, this property is just minutes from major freeways, making commuting a breeze. It’s also conveniently close to Downtown Riverside, where you can enjoy a variety of dining, shopping, and entertainment options. With extremely low monthly expenses— averaging $40/month for water/sewage, $40/month for landscaping, and a $55 bi-monthly pest control service—this property is perfect for an investor seeking immediate cash flow. Both units are tenant-occupied, providing steady rental income from day one. Don’t miss out on this incredible opportunity to own a versatile, income-generating property in a desirable Riverside location! Contact us today for more details.

Listing Information

List Price $799,900
Status Active
MLS CV24209676
HOA $0
Type Residential Income
Subtype Duplex
Year Built 1984
Lot Size 10,019
Structure Size N/A
DOM 1
Courtesy Of KELLER WILLIAMS SIGNATURE RLTY
Listing Agent Anthony Tafesh DRE#02053014

Interior Features

Laundry Information
Location(s) Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Anthony Tafesh, KELLER WILLIAMS SIGNATURE RLTY . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 10th, 2024 at 2:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.