2097 North Sierra Way, San Bernardino, CA 92405 - For Sale
1 single family residence with 2 bedrooms/1 bath and 5 apartment units behind which include 3 units with 2 bedrooms/1 bath and 2 units with 1 bedroom/ 1 bath. There is also a laundry room on site and each unit has a carport. Rental rates described below are current and very low for the market. Operating expenses have not been verified by agent or broker and are subject to change. Current cap rate based on low rental amounts is approximately 7% with potential for approximately 9% /$45,120 GSI if raised to fair market value. Fully occupied with all units currently on month to month agreements. Recent upgrades within the last two years include paint and flooring in all units. Motivated sellers will consider all offers. Property to be sold as is.
2097 North Sierra Way - listing #1449662
- Type: Multi-Family
- Price: $480,000
- MLS#: EV14013243
- Letest update: 05/16/14
- Bedrooms: 2
- Bathrooms: 1.0
Status: For Sale
Added: 2014-05-16 Updated: 2014-05-16
San Bernardino, CA 92405 US
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Useful information about San Bernardino, CA 92405 location:
The population of this area is about 24,637. The Average count of Households in this area is 8,752. Black population is about 3,373, White Population is about 11,943, Hispanic Population is about 12,703, Asian Population is about 308, Hawaiian Population is about 86, Indian Population is about 392, Other Population is about 7,253. Average Houses in this area is 89,400. Average Income per Household is $30,217. Median Age of population is 27.1 years.
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