4BR Townhouse with Lake Views & Rental Income - Riat, Kisumu

Here's a property that gives you more than just a home. This 4-bedroom townhouse sits on a freehold plot in Riat, and it's already generating income for you. The land comes with two fully rented 2-bedroom units, so you're collecting rent from day one while you plan your next move. Priced at KES 6,100,000, this is one of those rare finds where the existing house pays for itself.

About This Property

The main townhouse has four bedrooms and two bathrooms, with a layout that works well for a family. What makes this place stand out is the gentle slope of the land. It gives you a nice view of Lake Victoria and Kisumu city from the property. The terrain can be levelled if you want to redevelop, but you don't have to rush. The two rental units are already occupied, so you've got steady cash flow while you decide what to do. The plot is freehold, meaning you own it outright with no leasehold headaches. It's a solid investment for anyone looking to build rental flats later or just enjoy the income from the existing units.

• Lake and city views: The gentle slope gives you a clear view of Lake Victoria and Kisumu city, something you won't find in many townhouses around here.
• Two fully rented 2-bed units: These are already bringing in rent, so you start earning from the moment you take ownership. No waiting around.
• Freehold title: You own the land completely. No ground rent, no lease renewals, just pure ownership that holds its value.

Location & Neighbourhood

Riat is a well-developed area in Kisumu Central, and this property sits about 300 metres from the main highway. That means you're close to everything without the noise. The airport is under ten minutes away, and the CBD is just as close. The neighbourhood is already built up, so you've got shops, schools, and services nearby. If you're thinking of putting up rental flats, this location is hard to beat. The existing rental units prove there's demand here. Come see it for yourself and imagine what you could do with this space. Give me a call to arrange a viewing.