481 9th Street, Colton
Colton Home Sale
Amazing Investment Opportunity on this Beautiful Garden Style Apartment Complex. It has a large Courtyard and sits on an extra large corner lot, Five Buildings total. One 2 story and Four single story apartment buildings. These units have great curb appeal with well maintained landscaping. All units have a one car garage. Most units have been updated fully with electrical, freshly painted and remodeled with new tile, laminated & wood floors. Remodeled kitchen & baths as well. Nine Units Total! Each one bedroom one bath unit is an extra large unit with approx 665 SF. Extra income with owned Laundry facilities on site. Total rental income: $8275/mo. (All Below Market Value at this time) Proforma Income $12,600/mo. Lots of parking. ADDITIONAL LOT INCLUDED IN SALE, located at 461 N. 9th St/APN #0162101070000. Extra lot holds 3600 sq ft with 4 garages & storage room(960 sq. ft.). 11 garages total. Potential for the 2 extra garages to produce income. New rental development across the Street. Great desirable Rental Area! Safe neighborhood with the Police Station 1 block away. Also, one block from up-and-coming downtown renovations and Fleming Park. These units remain FULLY OCCUPIED!
Property Details
Additional Information
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- City:
- Colton
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- County:
- San Bernardino
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- Zip:
- 92324
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- MLS® #:
- TR24092028
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- Bedrooms:
- 9
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- Bathrooms:
- 9
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- Lot Size:
- 0.34
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- Levels:
- One, Two
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- Garages:
- 11
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- HOA Dues:
- $
Price Change History for 481 9th Street, Colton, (MLS® #TR24092028)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | – | – | |
| Active Under Contract (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of August 11th, 2024 at 3:20pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.