18511 New Hampshire, Adelanto, CA 92301

$375,000

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List Price
$375,000
Status
ACTIVE
MLS#
IV26207994
Year Built
1984
Lot Size
8,040
Acres
0.18
Lot Location
2-5 Units/Acre
Days on Market
0
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Well maintained duplex offering strong in-place income and low operating expenses. Each unit features 2 bedrooms and 1 bathroom, along with a newer HVAC system providing central heating and air conditioning. Two attached single car garages provide separate garage space for each unit and additional privacy between the residences. Functional layout and straightforward duplex configuration make for efficient property management. Current income reflects a 6.00% CAP rate, with a 6.47% Pro Forma CAP rate based on market rents. Excellent opportunity for an investor seeking immediate income with additional rental upside.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$34,200
Operating Expense
10675

Listing courtesy of Listing Agent: WAYNE KRENTEL (wayne.krentel@leinvestmentgroup.com) from Listing Office: LE INVESTMENT GROUP.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.