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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24118506
Year Built 1984
Lot Size 8,481 Sqft
Property Description
NOI, NOI, NOI!! 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 $58350 with more upside potential. A fully rented 4-unit building offers exceptional potential with a mix of one spacious 3-bedroom, 2-bathroom unit and three comfortable 2-bedroom, 1-bathroom units. Each unit includes an assigned one-car garage and access to up to 8 uncovered parking spaces, providing ample parking for tenants. This property is perfect for investors seeking steady rental income in a desirable location. Don?t miss out on this rare opportunity *** ACT NOW!*** With the right offer the 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!
Location
State CA
County San Bernardino
Area 272 - Rialto
Zoning R-3
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry None
Exterior
Parking Features Assigned, Unassigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Special Listing Condition Standard
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Bought with George Ortiz • Homequest Real Estate
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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