3671 Madison Avenue, San Diego, CA 92116
3671 Madison Avenue, San Diego, CA 92116
3671 Madison Avenue, San Diego, CA 92116
3671 Madison Avenue, San Diego, CA 92116
3671 Madison Avenue, San Diego, CA 92116
3671 Madison Avenue, San Diego, CA 92116
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Tracy Baker

Tracy Baker

+1(619) 507-4230
$ 1,299,900
Est. payment | /mo

4 Beds

2 Baths

5,139 Sqft Lot

Save
$ 1,299,900
Est. payment | /mo
Save

4 Beds

2 Baths

5,139 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Normal Heights

MLS Listing ID TR26169750

Bedrooms 4

Lot Size 5,139 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Massive Cashflow Advantage: Seller offering full 2-1 interest rate buydown credit! Potentially save over $1300/month on your mortgage payment in year one! Located in highly desirable Normal Heights near Von's and Ward Canyon Park, this turnkey duplex is a premium asset for investors or house hackers. Exceptional rental strength with a combined $6,600/month gross income ($3,300 per unit), the finances pencil out at current interest rates. Let the seller buy down your rate and secure this financing advantage. $60K in kitchen, bath and plumbing upgrades. Unique design with each 2 bedroom/1 bath unit, 3671 Madison and 4569 Cherokee, facing a different street for added privacy. Two car detached garage with workshop and one additional outdoor parking space. Potential ADU opportunity. Also potential to convert to a single family property. Buyers to research alternatives. Central heat and air conditioning. Each unit has own washer/dryer. Separate utility meters for gas and electricity. Water metered electronically for each unit. Tenants responsible for all utilities plus water and trash. Abundant outdoor spaces with pavers and pea gravel for entertaining and pets. Kitchens and bathrooms remodeled in 2022. Electrical and plumbing upgrades by previous owner. Mature fruit trees including lemon and avocado. Quiet location. Fully fenced with private spaces for each unit.

Location

State CA

County San Diego

Zoning Public Rec

Direction Meade Ave to Cherokee Ave to Madison Ave

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 4470510200

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

MLS Router / San Diego MLS
Listed by Jonathan Minerick, DRE#01523060 Homecoin.com 

NEARBY SCHOOL & BUSINESS

Tracy Baker

+1(619) 507-4230

tracy@tracybbaker.com

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