440 Main Street, Ramona, CA 92065

$625,000

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List Price
$625,000
Status
ACTIVE
MLS#
NDP2607912
Year Built
1945
Lot Size
6,969
Acres
0.16
Lot Location
0-1 Unit/Acre, Front Yard, Level, Value In Land
Days on Market
0
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Duplex and Development Opportunity on Main Street! Unique investment opportunity in the heart of Ramona! This remodeled duplex sits on a spacious commercially zoned parcel with prominent Main Street frontage, while the residences are set back from the road with convenient alley access. Offering multiple possibilities, live in one unit and rent the other, lease both for income, or explore the future development potential of the property. The generous lot and commercial zoning create added flexibility for an investor, owner-user, or developer looking to maximize the property’s potential. Both units feature LVP flooring throughout, installed in 2022, with one unit offering an updated kitchen. Each unit is 1 bed and 1 bath. Each provides comfortable, low-maintenance living with off-street parking and outdoor space. Ideally located within walking distance of downtown Ramona’s restaurants, shops, services, and local businesses.

Additional Information

Appliances
Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$42,600

Listing courtesy of Listing Agent: Sarah Dettmann (sarah@sphsd.com) from Listing Office: Real Brokerage Technologies.

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Calculator source: Real Geeks

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.