Description
PRICE REDUCTION! INVESTMENT/INCOME OPPORTUNITY! 2 LUXURIOUS houses with 2 separate, private entries, 2 separate & private back yards, 2 separate addresses & separate utilities. Situated in a quiet cul-de-sac neighborhood. First house has about 1,445 sqft and worth $1,000,000 Second house has 1,200 sqft and worth $850,000. To be sold together at a discounted price of $1,675,000. There is more room in the back to build another 2 bedroom house to rent out. First house is tastefully remodeled and has a nice size of backyard with exotic fruit trees & new studio. The Second house is newly built 2019. It has a modern interior, fantastic view from the second floor & is currently rented for $3,100 a month. Owner financing is available with 50% down. You can live in one house & rent the other!. If you rent out both houses you will have around $90,000 annual income. Plus real estate property appreciation of average 6% a year. In 10 years it will amount to 1.3M. This is very good INVESTMENT OPPORTUNITY. DON'T MISS IT!
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5BEDS
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N/AACRES
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3BATHS
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11/2 BATHS
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2,645SQFT
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$595$/SQFT
School Information
Description
PRICE REDUCTION! INVESTMENT/INCOME OPPORTUNITY! 2 LUXURIOUS houses with 2 separate, private entries, 2 separate & private back yards, 2 separate addresses & separate utilities. Situated in a quiet cul-de-sac neighborhood. First house has about 1,445 sqft and worth $1,000,000 Second house has 1,200 sqft and worth $850,000. To be sold together at a discounted price of $1,675,000. There is more room in the back to build another 2 bedroom house to rent out. First house is tastefully remodeled and has a nice size of backyard with exotic fruit trees & new studio. The Second house is newly built 2019. It has a modern interior, fantastic view from the second floor & is currently rented for $3,100 a month. Owner financing is available with 50% down. You can live in one house & rent the other!. If you rent out both houses you will have around $90,000 annual income. Plus real estate property appreciation of average 6% a year. In 10 years it will amount to 1.3M. This is very good INVESTMENT OPPORTUNITY. DON'T MISS IT!
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Source: SDMLS