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18254 Madrone Adelanto, CA 92301
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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 CRSR23182305
Sold Date 05/10/24
Style Ranch
Bedrooms 4
Full Baths 2
Originating Board California Regional MLS
Year Built 1982
Lot Size 7,930 Sqft
Property Sub-Type Duplex
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
Dining Room Breakfast Bar, Formal Dining Room
Kitchen Oven Range - Gas
Interior
Cooling None
Fireplaces Type None
Laundry In Laundry Room
Exterior
Garage Spaces 2.0
Fence Wood, Chain Link
Pool 31, None
View Other
Roof Type Composition
Building
Story One Story
Foundation Concrete Slab
Sewer Septic Tank / Pump
Water District - Public
Architectural Style Ranch
Others
Tax ID 0459253160000
Special Listing Condition Not Applicable
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Bought with Andrew Poland Villagomez • The L3