3 Units! Exceptional Multi-Unit Investment Opportunity! Don't miss this rare opportunity to own a versatile income-producing property in the heart of Colton! Situated on a 7,500 sq. ft. lot with convenient alley access, this unique property features three separate living spaces, making it ideal for investors or owner-occupants looking to… Read More offset their mortgage with rental income.
The main residence offers 2 bedrooms, 1 bathroom, a dedicated office, laundry room and approximately 1,424 sq. ft. of comfortable living space and a BRAND NEW ROOF! Tucked behind the main home is a two-story secondary structure featuring two additional units.
The upstairs unit offers 1 bedroom, 1 bathroom, in-unit laundry, and approximately 742 sq. ft.
The lower unit features 1 bedroom, 1 bathroom, and approximately 428 sq. ft. A separate storage area provides added convenience for tenants.
The property also boasts an extended driveway with parking for multiple vehicles, an extra-large, extra-tall carport ideal for oversized vehicles or additional covered parking, and alley access that enhances functionality and accessibility.
Whether you're looking to expand your investment portfolio or live in the front home while generating rental income from the rear units, this property offers outstanding flexibility and value. The property is currently tenant occupied, generating approximately $6,400 per month in rental income, with the main home renting for $2,800/month, the upstairs unit for $2,000/month, and the lower unit for $1,600/month. Buyers are advised to verify all rental information and lease terms during their due diligence. This is a rare opportunity to own a property with multiple income streams, abundant parking, and exceptional potential—all in one package! Read Less
Property listed by Berkshire Hathaway Homeservices California Realty, Felice Hickerson 909-838-0191
Listing Snapshot
Days Online
4
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
1,424
Lot Size
0.17 Acres
Year Built
1921
MLS Number
IG26143819
Additional Details
Building
Built in 1921, Living area: 1424.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: front
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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