9325 Alder Avenue Active

Fontana,CA 92335

$ 1195000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24208540

Bedrooms 8

Lot Size 7,200 Sqft

Property Description

INVESTMENT OPPORTUNITY !!!! 5 single story casita-style units first time on the market in over 20 years. All units are 2-bedroom, 1 full bathroom and have tile flooring, covered patios with wooden fence in the back and 2 parking spaces right in front of each unit. Four out of five tenants have lived there for 20 years! Never a problem with rent collection and wonderful families. All the units have copper piping, individual water heaters and separate shut off valve for each unit and laundry hook-up inside each unit. Kitchen cabinets and bathrooms were remodeled a few years ago and the building has very low fixed maintenance costs that result in higher ROI. The units have great exposure from the main street for future signage visibility and are centrally located in a high demand rental area. Sold as-is. PLEASE DO NOT DISTURB THE TENANTS.
INVESTMENT OPPORTUNITY !!!! 5 single story casita-style units first time on the market in over 20 years. All units are 2-bedroom, 1 full bathroom and have tile flooring, covered patios with wooden fence in the back and 2 parking spaces right in front of each unit. Four out of five tenants have lived there for 20 years! Never a problem with rent collection and wonderful families. All the units have copper piping, individual water heaters and separate shut off valve for each unit and laundry hook-up inside each unit. Kitchen cabinets and bathrooms were remodeled a few years ago and the building has very low fixed maintenance costs that result in higher ROI. The units have great exposure from the main street for future signage visibility and are centrally located in a high demand rental area. Sold as-is. PLEASE DO NOT DISTURB THE TENANTS.

Location

State CA

County San Bernardino

Area Fontana (92335)

Zoning Public Rec

Building

Lot Description Curbs

Story 1

Others

Monthly Total Fees $238

Acceptable Financing Cash,Conventional

Space Rent $1,295

Listing Terms Cash,Conventional

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