Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1922
Sq.Footage
N/A
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 asset—ideal for investors seeking well above-average returns. All Units Are Occupied at Current Market Rents.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.2398
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$1,199,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
1
-
Water Source
Public
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Location
County
San Bernardino
Elementary School
Middle School
High School
Listing Courtesy of Sean Daugherty , Advantage Investment Propertie
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