Bought with Jindy Chen • Kingston Realty
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,875 sqft
Price per Sqft $270
MLS Listing ID CRPW24132058
Sold Date 08/30/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1971
Lot Size 7,192 Sqft
Property Description
NOI, NOI, NOI!! This is a rare opportunity to get incredible above-market NOI in the heart of Rialto!! This hard-to-find investment opportunity has a current net operating income of $53973.67 with more upside potential. All units are conveniently located on the ground level. The property features 2 3-bedroom, 1.5-bathroom units, and 2 cozy 1-bedroom, 1-bathroom units. Additionally, every unit comes with its own assigned parking and extra storage space. Situated in a desirable neighborhood, the property offers easy access to local amenities, schools, parks, and major highways, making it an attractive option for commuters. With its versatile unit mix and strategic location, this property promises steady demand and robust rental income potential, making it an excellent choice for both seasoned investors and those looking to start their real estate portfolio. *** ACT NOW!*** Seller will provide a 2-point buy down on the interest rate. Additionally, the lender will contribute 1% of the loan amount, up to $5,000, further easing your financial commitment. Contact us today to learn more about this exclusive offer! Some pictures will be available tomorrow - Professional pictures next week.
Location
State CA
County San Bernardino
Interior
Heating Wall Furnace
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
View None
Parking Type Assigned
Building
Water Public
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