10316 Baker Rd, Lucerne Valley, California, United States

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Home For Sale

$425,000

10316 Baker Rd
Lucerne Valley, California, United States

9bd

Listed By: Realtyww Info

Listed On: 06/21/2023

Listing ID: GL9956278 View More Details

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!

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Listed by: Rodeo Realty

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