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Listed by Andrew Poland Villagomez • Real Broker
$569,988
Est. payment /mo
4 Beds
2 Baths
1,444 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,444 sqft
Price per Sqft $394
MLS Listing ID OC-26120368
Bedrooms 4
Full Baths 2
Year Built 1925
Lot Size 6,664 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Excellent investment and house-hack opportunity in the growing city of Colton. This legal two-unit property features two separate 2-bedroom, 1-bath homes, each with its own gas, water, and electric meters, offering flexibility for investors or owner-occupants seeking rental income and long-term upside.
201 W Maple will be delivered vacant and completely reimagined, showcasing new flooring, baseboards, updated kitchen cabinetry, quartz countertops, a beautifully tiled bathroom, and new lighting throughout. This beautifully upgraded unit is ready for immediate occupancy or rental, with a projected market rent of $1,850 per month. Perfect for a primary buyer to move in and offset their mortgage by collecting rent from the second home.
The second unit at 659 7th St is currently tenant-occupied at $900 per month, creating immediate cash flow from day one. Combined, the property offers a gross scheduled income of approximately $33,000 per year, with low operating expenses and strong long-term upside.
Both homes feature newer roofs, and while the occupied unit offers room for light cosmetic upgrades and TLC, the property presents outstanding value-add potential. Situated on a 6,664 sq ft lot, the property includes driveway parking and a storage shed.
No rent control. Eligible for FHA, Conventional, and VA financing.
Ideal for investors or owner-occupants looking for a versatile multi-unit property with immediate income, equity potential, and future appreciation.
Please do not disturb the tenants at 659 7th St. Drive-by only.
201 W Maple will be delivered vacant and completely reimagined, showcasing new flooring, baseboards, updated kitchen cabinetry, quartz countertops, a beautifully tiled bathroom, and new lighting throughout. This beautifully upgraded unit is ready for immediate occupancy or rental, with a projected market rent of $1,850 per month. Perfect for a primary buyer to move in and offset their mortgage by collecting rent from the second home.
The second unit at 659 7th St is currently tenant-occupied at $900 per month, creating immediate cash flow from day one. Combined, the property offers a gross scheduled income of approximately $33,000 per year, with low operating expenses and strong long-term upside.
Both homes feature newer roofs, and while the occupied unit offers room for light cosmetic upgrades and TLC, the property presents outstanding value-add potential. Situated on a 6,664 sq ft lot, the property includes driveway parking and a storage shed.
No rent control. Eligible for FHA, Conventional, and VA financing.
Ideal for investors or owner-occupants looking for a versatile multi-unit property with immediate income, equity potential, and future appreciation.
Please do not disturb the tenants at 659 7th St. Drive-by only.
Location
State CA
County San Bernardino
Area 273 - Colton
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry See Remarks
Exterior
Parking Features Driveway
Pool None
Community Features Sidewalks, Street Lights
View Y/N Yes
View City Lights
Building
Lot Description Corner Lot, 0-1 Unit/Acre
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900