11560 Sage St Active Save Request In-Person Tour Request Virtual Tour
Adelanto,CA 92301
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,895 sqft
Price per Sqft $241
MLS Listing ID 24-399019
Bedrooms 8
Year Built 1985
Lot Size 10,368 Sqft
Acres 0.238
Property Description
High cash-flowing, multi-unit property that is fully tenanted. An incredible opportunity for someone looking to expand their real-estate portfolio.This property currently generates $63,132 / year, meaning gross rental income is 9.02% the price. That's a 7.51 cap rate on the $700,000 ask. There's even room for upside one of the units is currently $800 / mo; you could live in it and make $59,748 per year, or charge market rates and get an even higher cap rate. This is THE property for the high cash flow investor.
Location
State CA
County San Bernardino
Area Adelanto
Rooms
Other Rooms None
Interior
Heating Baseboard
Cooling Swamp Cooler(s)
Equipment None
Exterior
Garage Garage - 1 Car
Garage Spaces 4.0
Building
Level or Stories One
Others
Special Listing Condition Standard