$175,000
$150,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 10/03/2014
Key Details
Sold Price $175,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 214006362
Sold Date 10/03/14
HOA Y/N No
Year Built 1935
Lot Size 0.254 Acres
Property Description
Cash Flow Opportunity for the First Time or Seasoned Investor. FIXER Investment Property SOLD AS IS. CASH offers preferred. Property will not qualify for conventional or traditional FHA loans due to needed repairs in front unit. Possible 203K loan with Dual Approval. $1,550.00 gross rent per month at this time. 2 separate 2 Bed 1 Bath units with a detached garage on 11,505 sqft lot (detached garage assigned to front unit). Long term tenants with property management in place. Front unit around 992 sqft is the fixer and will need $15k to $20k to repair and update. Kitchen floor, bathroom floor, carpet and paint. Rear unit is around 800 sqft and super clean; will need a some exterior work.
Location
State CA
County Other
Area 284 - Mentone
Zoning Duplex
Interior
Interior Features Laminate Counters, Tile Counters
Heating Natural Gas
Cooling Evaporative Cooling, Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplace No
Laundry Common Area, Inside, See Remarks
Exterior
Garage Spaces 1.0
Garage Description 1.0
View Y/N No
Roof Type Asphalt
Total Parking Spaces 1
Private Pool No
Building
Lot Description Rectangular Lot
Story One
Entry Level One
Foundation Raised
Sewer Septic Tank
Water Public
Architectural Style Ranch
Level or Stories One
Others
Senior Community No
Tax ID 029813110
Acceptable Financing Cash
Listing Terms Cash
Financing FHA,Other
Special Listing Condition Standard
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Bought with Marty Styles • Equity Tree Realty
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”