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Breaking News! Don’t let this rare Investment opportunity to acquire these three-homes on almost full acre property with Cap Rate of 5.19%!! Plenty of room on the back lot to sub-divide, potential access off West Merose Drive and build 4 more units/or homes. The primary unit has been updated with newer kitchen cabinets, Quartz countertop, wood laminate flooring throughout, freshly painted interior, front yard completed with rock scape and much more! Primary home features an amazing bonus room with cathedral ceilings wood beams, wood burning fireplace large windows with lovely view to the mountains, glass slider for easy access to backyard, the kitchen truly gives you a country feeling offering a nook area, garden window and laundry room adjacent, spacious living room. Three spacious bedrooms. The second unit is a cute estimated 918 sqft with 2 bedrooms, 1 full bathroom, family room, nook area, spacious kitchen, update kitchen cabinet’s, wood laminate throughout, one car garage, and fenced backyard. The third home is estimated 670sqft. Features a family room, nook area, full kitchen, one bedroom, one bathroom, wood laminate throughout. Far back of lot with endless possibilities such as subdivide and build units, but there is more! Additional structure behind primary home with wood laminate flooring great for hobby space or home office that is currently rented with primary unit. Separate property addresses, one water main for all three units, individual electric and gas meters. Walking distance to Newmark Elementary, Shopping centers, and short drive to CA State University of San Bernardino.
Last Updated | 1/23/2025 | Year Built | 1952 |
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Community | San Bernardino | Garage Spaces | 1.0 |
County | San Bernardino |
Additional Details
AREA | San Bernardino |
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GARAGE | Yes |
HOA DUES | 0 |
LOT | 0.9 acre(s) |
LOT DESCRIPTION | Front Yard, Level |
POOL DESCRIPTION | None |
SEWER | Septic Type Unknown |
STORIES | 1 |
WATER | Public |
Location
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