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241 W F ST Colton, CA 92324
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Key Details
Sold Price $850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,366 sqft
Price per Sqft $194
MLS Listing ID IV21069942
Sold Date 05/19/21
HOA Y/N No
Year Built 1966
Lot Size 0.379 Acres
Acres 0.3786
Property Description
5 Units Apartment with Long term tenants ( some tenants have been lived there over 10 Years) and total rent is $6150/m. Current rents are below market. A triplex and duplex building both are single level. Walk to city hall, Banks, local markets and restaurants. New double pane windows, installed 12 new window AC on the wall and exterior paint 2.5 years ago. 3 of the 5 units remodeled interior with new paint, new tile, new carpet and some new ceiling fans. Side yard for all 2 and 3 bedroom units. Covered Carports and uncovered parking spaces. Big FLAT lot 16492 SF possibly build more units. (Please consult the City). Low maintenance. Tenants pay electric, gas and TRASH service, the landlord pays water and gardening. Washer and dryer hook ups inside of the units. New electric panel replaced last year for the duplex with a building permit. 2 new water heater replaced 2.5 years ago. There are lots of parking spaces nearby and the tenants have never complained about parking. The Triplex has 3 covered parking spaces and 1 uncovered parking space at the rear of the property (alongside an alley behind the property). Schools include: Lincoln Elementary School, Colton Middle School and Colton High School. (School assignments deemed reliable though agents must perform their own independent investigation).
Location
State CA
County San Bernardino
Area 273 - Colton
Rooms
Ensuite Laundry Washer Hookup
Interior
Interior Features All Bedrooms Down
Laundry Location Washer Hookup
Fireplace No
Laundry Washer Hookup
Exterior
Carport Spaces 3
Pool None
Community Features Curbs, Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Craftsman, Mediterranean
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0162042220000
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Owner May Carry
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Owner May Carry
Financing Private
Special Listing Condition Standard
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Bought with LAWRENCE SCHOELCH • GOLDEN WEST REAL ESTATE