UPDATED:
10/10/2024 11:41 PM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $334
MLS Listing ID DW24205044
Style All Other Attached
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1964
Lot Size 0.256 Acres
Acres 0.2562
Property Description
Prime Investment Opportunity: Four-Unit Building with 2-Bedroom Units! Located on the southwest corner of Paine and Bennett, this four-unit property offers an exceptional investment opportunity. Each spacious unit features 2 bedrooms and 1 bath, averaging approximately 860 sq ft, providing comfortable living spaces for tenants. The property boasts four garages, offering additional convenience and value. Two of the apartments have been recently renovated, enhancing their appeal and rental potential. With a roof that's only 5 years old, this property offers long-term durability and low maintenance. The current rents present an upside potential, as they are not reflective of today's market rates. Situated on a large corner lot, this property is ideally located near shopping centers, schools, and parks, making it highly desirable for tenants seeking convenience and accessibility. Whether you're looking to expand your portfolio or secure a property with great potential, this is an opportunity not to be missed!
Location
State CA
County San Bernardino
Area Fontana (92336)
Interior
Cooling Gas
Fireplaces Type FP in Living Room, Gas
Equipment Dryer, Washer
Appliance Dryer, Washer
Exterior
Garage Spaces 4.0
Total Parking Spaces 4
Building
Lot Description Corner Lot, Curbs, Sidewalks
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $144
Miscellaneous Suburban
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878