This offering is a rarity. It's a triplex located in the City of San Bernardino, and conveniently located at the 10 and 15 Freeways. With this offering, you have upgraded & well taken care of units, in a great location, with superb returns. This triplex consists of the following bedroom bath mix. It has three 1 bedroom 1 bath units. Each unit has its own carport parking, along with plenty of parking for guests. As to operating expenses. All units have their own electric and gas meters that tenant's sign up for and pay for. Landlord pays water and trash. You can see the Operating Expenses in the Annual Property Operating Data statement in the MARKETING PACKAGE attached. The location of the triplex is excellent. Its within walking distance to elementary, middle, & high schools. Its also within walking distance to grocery shopping. If you look at the pictures you will see just how nice the owners have taken care of these units, inside and out. Now to the returns of this outstanding investment. At market rents, it's putting out $53,820 annual gross income, seldom seen 9.57 GRM, an outstanding 8.58% Cap Rate, and a robust 15.63% Cash on Cash Return!!! YOU CAN SEE THE DETAILS OF THIS AND ALL THE FINANCIALS IN THE MARKETING PACKAGE ATTACHED. THIS INCLUDES THE RENT ROLL!! While rents are low, they are month to month. The financial analysis was done at market rents and proof of these market rents can be seen in the RENT COMPS ATTACHED IN THE MARKETING PACKAGE. This is an incredible buy!!! PLEASE SEE THE SALE COMPS ATTACHED IN THE MARKETING PACKAGE. A nearby sales comp of a very similar (all 1&1's) triplex sold in January 2024 for $550,000!!! We are ASKING $515,000!!! AS YOU CAN SEE FROM THE PICTURES, THERE IS A CLONE TRIPLEX NEXT DOOR THAT CAN BE BOUGHT FOR SAME PRICE AND TERMS. SO THIS OFFERING IS TWO TRIPLEXES FOR $515,000 EACH!! EACH TRIPLEX HAS IT'S OWN APN AND ADDRESS. there's a fence around both triplexes. TENANTS KNOW PROPERTY IS FOR SALE AND KNOW WHAT MARKET RENTS ARE. THEY ARE WILLING TO CHANGE THEIR EXISTING MONTH TO MONTH RENTS, AND SIGN NEW RENTAL AGREEMENTS AT/NEAR MARKET RENTS, AT TRANSFER OF OWNERSHIP!!

Semi-detached located at 268 E Kingman San Bernardino, CA 92410. It has 0.00 beds, 0.00 bathrooms, and is 1452 square feet. The property was built in 1951. 268 E Kingman San Bernardino, CA 92410 is in the San Bernardino neighborhood.