18254 Madrone, Adelanto, CA 92301

$240,000
4
BD
2
BA
1,800
SqFt

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Sold Price
$240,000
List Price
$325,000
Closing Date
May 10, 2024
Status
CLOSED
MLS#
SR23182305
Year Built
1982
Bedrooms
4
Bathrooms
2
Living Sq. Ft
1,800
Lot Size
7,930
Acres
0.18
Lot Location
0-1 Unit/Acre, Corner Lot
Days on Market
96
Property Type
Single Family Residential
Style
Ranch
Property Sub Type
Duplex
Stories
One Level

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!

Additional Information

Appliances
Gas Range
Pool Description
None
Cooling Description
None
View
Desert
Exterior Construction
Wood Siding
Roof
Composition
Garage Spaces Total
2
Sewer
Septic Tank
Water
Public
School District
Adelanto
Interior Features
All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Daniel Keenan (dan.keenan@ymail.com) from Listing Office: Realty One Group Success.

Listing sold by Andrew Poland Villagomez from The L3

Mortgage Calculator

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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.