10316 Baker RD Active

Lucerne Valley,CA 92356

$ 425000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CNSR23011991

Year Built 1948

Lot Size 5.000 Acres

Property Description

Unbelievable opportunity for astute investor. A triplex with 3 homes on one 5 acre lot, priced so that you can live in one for free, while the other 2 homes pays for you!!! Don't want to live there, no problem, spin off cash instead! Located near the center of town off of Hwy 18. There is over 3,500 Sq Ft in the 3 homes. The main house (unit A) is approx 1,300 sq ft. 3 bedroom + 2 baths, with the other 2 homes approx 1,152sq ft 3+2 (unit C) and 1,054 sq ft 3+1 (unit B), respectively. Properties are in C- condition and needs TLC but where else can you find a deal like this. Buy these 3 houses (called a triplex by the banks) and live in one and rent out the other 2 !! the rent on the 2 houses almost pays for everything so you only pay approx $200 per month. Act fast. Asking $425,000 for all 3 SEPARATE houses. Water well on property, 2 of the homes are hooked up to city gas, third has propane tank. There is a tremendous amount of potential and possibilities here! It's currently generating approx $2,845 per month in RENTAL INCOME, with plenty of upside potential. There are not many multi unit residences around, so take advantage of this once in a lifetime opportunity. Priced well below market, Motivated seller says make me an offer! Do not contact tenants, drive by only!

Location

State CA

County San Bernardino

Area Luv - Lucerne Valley

Interior

Heating Other

Cooling Other

Exterior

Garage Spaces 3.0

Pool 31,None

Building

Story One Story

Sewer Cesspool

Water Well

Others

Special Listing Condition Not Applicable

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