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Highlights: Probate Trust Sale / ProForma CAP Rate of 7.07% Achieved at Market Rent. / Over $200,000 in Recent Capital Improvements / Four Spacious Units: Three (3) large 3-bedroom units and one (1) expansive detached single family residence of 4-bedrooms / Fully Renovated Interiors: All units feature new tile flooring, fresh paint, modern kitchen cabinets, sleek countertops, and brand-new windows throughout. / Recent Exterior Upgrades: Includes a newly replaced roof and carport roof for added durability and curb appeal / Income Potential: Tremendous upside in rentalincome, making it an excellent investment opportunity. / FHA Financing Option: Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in the detached 4-bedroom home and rent the 3-bedroom units to offset their mortgage. / Move-In Ready: No immediate updates needed ready for tenants or owner-occupants!
Property Type(s):
Residential Income
| Last Updated | 11/22/2024 | Year Built | 1936 |
|---|---|---|---|
| Community | San Bernardino | County | San Bernardino |
Additional Details
| AREA | San Bernardino |
|---|---|
| GARAGE | Carport, Detached Carport |
| LOT | 7600 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre |
| PARKING | Carport,Detached Carport |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
| ZONING | RM |
Location
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Listed with LE INVESTMENT GROUP
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