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$ 625,000
Est. payment | /mo
6 Beds
2,538 SqFt
$ 625,000
Est. payment | /mo
6 Beds
2,538 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,538 sqft
Price per Sqft $246
MLS Listing ID CRCV25187101
Bedrooms 6
HOA Y/N No
Year Built 1900
Lot Size 7,500 Sqft
Acres 0.17
Property Sub-Type OTHER
Property Description
We are pleased to present an incredible opportunity to own a fully renovated 2-unit property in Colton—both units will be delivered vacant at the close of escrow! Ideal for investors seeking immediate market rents or owner-users looking to live in one and rent the other. The property features (1) 3-Bed/1-Bath + Office and (1) 3-Bed/1-Bath unit, both upgraded with new flooring, renovated kitchens, updated bathrooms, and more. Situated on a spacious 7,500 sq. ft. gated lot, the property also features xeriscape landscaping for low-maintenance ownership. The large lot allots plenty of room for ADU(s) in the future (Buyer to verify with city authorities). Major capital improvements already completed: new roof, copper plumbing, upgraded electrical wiring, new water main line, and perimeter security gate—allowing investors to focus on cash flow, not repairs. Utilities are separately metered for gas and electricity, further reducing ownership expenses. In unit laundry hookups available. With a projected 6.58% Cap Rate and 10.44 GRM at market rents, this is a rare chance to own a charming duplex with strong potential cash-flow in a high demand rental market.
Location
State CA
County San Bernardino
Zoning M-UN
Interior
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Other
Exterior
Exterior Feature Other
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 0161191060000
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Kristopher German • RE/MAX 2000 REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "