1661 Colfax Dr, Lemon Grove, CA 91945
- $999,000
- List Price
- $999,000
- Status
- ACTIVE
- MLS#
- 260018601SD
- Year Built
- 1942
- Days on Market
- 1
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Lemon Grove
Property Description
Exceptional investment opportunity with this fully remodeled, turn-key duplex in the heart of Lemon Grove. Thoughtfully renovated with all work completed under city permits, this property offers peace of mind for both investors and owner-occupants alike. The front unit features 3 beds and 1 bath and will be delivered vacant, providing the flexibility to move in yourself or lease at current market rents. The rear unit offers 1 bedroom and 1 bathroom and is currently tenant-occupied, creating immediate rental income from day one. Both units have been tastefully updated with modern finishes and designed for low-maintenance ownership. The property also offers off-street parking, a valuable amenity for tenants and owners alike. Whether you're looking to house hack, add a cash-flowing asset to your portfolio, or own a beautifully renovated multi-unit property, this duplex checks all the boxes. Conveniently located near shopping, dining, schools, and freeway access, this is a rare opportunity to own a move-in ready income property with one vacant unit and immediate rental potential in the other.
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Additional Information
- Cooling Description
- None
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $72,000
Listing courtesy of Listing Agent: Stephen Snider (stephen@acropolisdev.com) from Listing Office: Acropolis Enterprise Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.