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Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $133
MLS Listing ID SR23182305
Sold Date 05/10/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1982
Lot Size 7,927 Sqft
Property Description
Back on market. CASH-FLOW INVESTMENT OPPORTUNITY! FIXER! This priced-to-sell duplex with an excellent rental history will be great for either a homeowner who would like to live in one of the homes and rent out the other or for an investor looking for a property that will cash flow. Each unit is two-bedroom/one-bath with its own one-car garage and laundry/utility room. Converting the laundry/utility rooms to a third bedroom will make this an even more profitable investment. Currently Unit A has a tenant who will vacate with 30-day notice, and Unit B has the start of a remodel. BOTH UNITS WILL BE DELIVERED VACANT. With two fully-rented units, 18254 Madrone will start producing significant income! Investors will do well to seriously consider this duplex, which will be sold "AS IS" with no further improvements. (Please review the Section 8 rental rates for San Bernardino in the supplement section.) THIS IS A GREAT CASH-FLOW INVESTMENT!
Location
State CA
County San Bernardino
Area Adl - Adelanto
Rooms
Main Level Bedrooms 4
Interior
Interior Features Breakfast Bar, Separate/Formal Dining Room, All Bedrooms Down
Cooling None
Flooring Carpet, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Chain Link, Wood
Pool None
Community Features Rural
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Not Available
View Y/N Yes
View Desert
Roof Type Composition
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Story 1
Entry Level One
Foundation Slab
Sewer Septic Tank
Water Public
Architectural Style Ranch
Level or Stories One
New Construction No
Schools
School District Adelanto
Others
Senior Community No
Tax ID 0459253160000
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Andrew Poland Villagomez • The L3
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