837 N G Street

    San Bernardino, CA 92410
    • $675,000
    • STATUS: Active Under Contract
    • ON SITE: 111 days
    • ID#: PW18202501
    Under Contract
    UPDATED: 182 min ago
    $675,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2
      SQFT
    • $337,500
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1918
    County:

    School Ratings & Info

    Description

    This is a downtown Rooming House fully rented for many years. There are 19 units total. Added income comes from Laundry and soda Machine. There is a new house in the rear just build this year which is part of the property it is a 1 bedroom 1 bath home. Would be perfect for a buyer to live in and have 18 units to payfor the expense and still have money left. The property is Gated and has on site parking for up to 10 cars.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T00:27:56.637. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/86718944

    837 N G Street San Bernardino, CA 92410

    • Price: $675,000
    • Status: Active Under Contract
    • Updated: 182 min ago
    • ID#: PW18202501
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    2
    SQFT
    $337,500
    $/SQFT
    1918
    Built
    Neighborhood:
    274 - San Bernardino
    County:
    San Bernardino
    Area:
    274 - San Bernardino
    Property Description
    This is a downtown Rooming House fully rented for many years. There are 19 units total. Added income comes from Laundry and soda Machine. There is a new house in the rear just build this year which is part of the property it is a 1 bedroom 1 bath home. Would be perfect for a buyer to live in and have 18 units to payfor the expense and still have money left. The property is Gated and has on site parking for up to 10 cars.
    Exterior Features

    Architectural Style See Remarks Construction Materials Stucco Fence YN Yes Fencing Wrought Iron Foundation Details Raised Garage Spaces 0.00 Lot Features 21-25 Units/AcreLot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features Controlled EntranceDrivewayDriveway - ConcreteDriveway - UnpavedParking SpaceUncovered Parking Total 10.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Roof Asbestos Shingle

    Interior Features

    Average Studio Area 300 Average Studio Area Units Square Feet Average1 Bed Area 800 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall Window Cooling YN Yes Flooring Carpet Heating Baseboard Heating YN Yes Interior Features 2 Staircases Laundry Features Area Levels Two

    Property Features

    Accessibility Features 2+ Access Exits Additional Parcels YN No Building Area Units Square Feet Cap Rate 11.70 Community Features Street Lighting Country Us Electric Electricity - On Property Electric Expense 21000.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 114000.00 Gross Multiplier 6.00 Gross Scheduled Income 114000.00 Insurance Expense 40.00 Land Lease YN No Laundry YN Yes Maintenance Expense 360.00 Net Operating Income 81400.00 New Construction YN No New Taxes Expense 8400.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 19 Number Wall AC 19 Number With Carpet 14 Number With Refrigerator 2 Operating Expense 32600.00 Professional Management Expense 0.00 Rent Control YN No Security Features Automatic GateGated Community Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable Tv Total Actual Rent 9180.00 Total Expenses 32600.00 Trash Expense 1440.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Sewer Expense 1440.00 Water Source Public Year Built Source Estimated

    Listing provided courtesy of Peter Machin of Nationwide Real Estate Execs.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T00:27:56.637. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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