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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,385 sqft
Price per Sqft $288
MLS Listing ID EV23021661
Sold Date 04/24/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1953
Lot Size 7,562 Sqft
Property Description
Excellent Opportunity to own an Investment Property! You can live in the main house while renting the back studio for income or rent them both out! The main house is a spacious 3 bedroom 1 bath while the back unit is a 440 sf. studio with a separate kitchen and bathroom. There is a separate laundry room attached to the studio for all to use. There is also a storage room in the back of the property. The main house has a wonderful covered front porch, a carport, and a large covered patio in the rear. This is a large 7,560 sf lot and the studio has its own entrance from the side yard and its own covered patio. The property has been rented out for over a decade and currently the rents are very low. The current market rental rate for the 3 bedroom front house is approx $2250 while the studio is $1100. This Colton property is situated in a great location near schools, markets, shopping and easy access to the 215/210 and 10 Freeways! This is your opportunity to become a homeowner and an investor!! Don't wait, it won't last long!
Location
State CA
County San Bernardino
Area 273 - Colton
Rooms
Main Level Bedrooms 3
Interior
Interior Features Eat-in Kitchen, All Bedrooms Down
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Fireplace No
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Curbs, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Accessibility No Stairs
Porch Concrete, Covered, Patio, Porch
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Colton Unified
Others
Senior Community No
Tax ID 0160101760000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Financing FHA
Special Listing Condition Trust
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Bought with Luis Valentin Casiano • Realty One Group Empire
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692