Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

4

Building size

2,061 sqft

Lot size

10,800 sqft

Year built

1959

Stories

1

Garage spaces

0

Heating

Fireplace(s),Wall Furnace,Central

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

0

MLS #

248944074

About this property

INVESTOR OPPORTUNITY in North San Bernardino! Situated on a spacious lot, this versatile property offers multiple living spaces with strong rental-income potential. The main 2BR/1BA residence was previously rented for $2,700/month, while the permitted studio ADU generated $1,500/month. An additional 1BR/1BA garage conversion was also rented for $1,500/month (unpermitted). The property features new flooring and interior paint, an updated kitchen with Shaker cabinetry, quartz countertops and stainless-steel appliances, central HVAC, a stone fireplace, ample parking, and a spacious backyard with covered patio, mature fruit trees, and mountain views. Conveniently located near shopping, hospitals, and recreation. Previously reported rental income: up to $5,700/month ($68,400 annually).Buyer to independently verify all permits, square footage, property use, condition, and rental/income information. Grant may be available—contact listing agent for details.

Location

184 Palmyra

San Bernardino, San Bernardino, CA, 92404