Property Detail

Description

YEAR-END INVESTMENT OPPORTUNITY IN SAN BERNARDINO! Looking to expand your real estate portfolio before the end of the year? Now is the time to take a closer look at this income-producing triplex, offered at $599,000! Featuring three residential units—two 1-bedroom, 1-bathroom units and one spacious 3-bedroom, 2-bathroom unit—this property offers an established rental income history and long-term investment potential. With reported annual gross scheduled rental income of $48,420, a reported net operating income (NOI) of $32,802, and an approximately 5.48% cap rate based on seller-provided income and expenses, this property presents an opportunity for investors seeking income-producing real estate. Conveniently located in San Bernardino with access to shopping, local amenities, and major transportation corridors. Make your next investment move before the year ends! With a new asking price of $599,000 and a seller ready to consider offers, this is an opportunity worth exploring. Whether you’re expanding your portfolio or making your next multifamily investment, this property deserves a closer look! Buyer to independently verify all financial information, rental income, expenses, permits, square footage, and property condition.