$70,000
$74,900
6.5%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 12/14/2015
Key Details
Sold Price $70,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS15193067
Sold Date 12/14/15
HOA Y/N No
Year Built 1951
Lot Size 0.309 Acres
Property Description
Instant positive cash flow with these well maintained and recently remodeled 2 units in 29 Palms. Each unit has 1 Bedroom & 1 Bath, Kitchen & Living Room. Both units are currently rented and include a stove, microwave and refrigerator. Wall heaters in each plus evaporative cooling systems. Conveniently located on a huge corner lot with 13,452 SqFt with paved driveway for parking. At this price you can live in one, rent out the other and have a very low cost of living or just have a very nice rental unit with positive cash flow. One unit rented to long term month-to-month tenant, the other unit on lease until summer 2016. Electric paid by tenants with separate meters for each unit.
Location
State CA
County San Bernardino
Area Dc725 - Smoke Tree
Interior
Heating Wall Furnace
Cooling Evaporative Cooling
Flooring Carpet, Tile
Fireplace No
Appliance Electric Cooktop, Electric Oven, Microwave, Refrigerator
Laundry None
Exterior
Garage Driveway, On Site, Unassigned
Pool None
Community Features Rural
View Y/N Yes
View Neighborhood
Roof Type Tile
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Desert Front, Irregular Lot
Story 1
Entry Level One
Foundation Slab
Sewer Septic Tank
Water Public
Architectural Style Ranch
Level or Stories One
Others
Senior Community No
Tax ID 0616098090000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac, Submit, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac, Submit, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Scott St James • RE/MAX Consultants
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