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$ 1,199,000
Est. payment | /mo
9 Beds
6 Baths
$ 1,199,000
Est. payment | /mo
9 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25112421
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
High-Yield Investment Opportunity Prime San Bernardino 5 Unit Complex - One of the Highest Returns On The Market. 100% Occupied at Current Market Rents. Exceptional value-added opportunity in a sought-after San Bernardino. This 5-unit income property offers strong rental income, Well Above Market Average, excellent tenant retention with Built in Amenities. All units Have Washer and Dryer Connections as well as Central AC and Heating. Property Highlights: Unit 1 - 2 Bed 2 Bath Unit 2 - 2 Bed 1 Bath Unit 3 - 3 Bed 2 Bath Unit 4 - 2 Bed 1 Bath Unit 5 - 2 Bed 1 Bath. Separate Gas and Electric Meters for each unit, Tenants Pay Water and Trash on a pro rated basis making this property Almost Expense Free. Ample Parking Plus Two Single Car Garages that may have a potential to be converted to a dwelling to increase income. Investment Advantages: Prime Location: Situated in a rapidly developing area benefiting from ongoing city improvements, New Starbucks, Carwash, Strip Malls among other business investing in the immediate area. Strong Demand: Close to shopping, dining, entertainment, and public transportation, ensuring consistent tenant interest. Well-laid-out units having had significant renovations to ensure this will be a maintenance free Investment for Years. Tenant Stability: Desirable unit mix and convenient location and built in amenities contribute to long-term occupancy rates. A rare opportunity to secure a high-performing assetideal for investors seeking well above-average returns. All Units Are Occupied at Current Market Rents.
Location
State CA
County San Bernardino
Zoning Assessor
Direction Baseline to Arrowhead
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 0140153350000
Listed by Sean Daugherty Advantage Investment Propertie
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