Located here in San Bernardino County, this exceptional multi-family property offers a rare investment opportunity for a buy-and-hold investor seeking reliable income and future development potential. With four units, consisting of three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, this well-maintained recently renovated property is fully occupied by long-term tenants with a solid payment history.

Each unit is equipped with modern amenities, including mini-split A/C systems for energy-efficient cooling and tankless water heaters for the lower units, while the upper units have newer water heaters. The septic system underwent recent improvements, ensuring the property is ready for continued long-term use with minimal immediate maintenance. The tenants are on month-to-month leases, providing flexibility, and include a mix of private renters and Section 8.

Current rents are as follows:

• Unit A: $1,350 (tenant has lived here for over 10 years, also helps maintain the yard and keeps an eye on the property)
• Unit B: $1,700 (Section 8 tenant, 2 years)
• Unit C: $1,700 (private tenant, 2 years)
• Unit D: $1,200 (tenant has lived here for over 6 years)

This property generates $6,000 per month in rental income, providing a strong, stable cash flow. In addition to the income-producing units, the property includes an empty lot with potential for future development—an ideal opportunity for increasing the number of units and boosting long-term returns.

For investors looking to finance, the property qualifies for a DSCR loan at an estimated 7% interest rate. This financing option focuses on the rental income of the property, rather than the personal income of the buyer. Based on the projected terms, the estimated monthly mortgage payment is $4,524.06, leaving a positive cash flow of $1,475.94 monthly, even after debt service.

For a cash investor, the cash-on-cash return is highly attractive:

• $170,000 initial investment (20% down payment on an $850,000 sale price)
• Cash flow from rents: $72,000 annually ($6,000 per month)

This represents a substantial 10.42% annual cash-on-cash return on the initial 20% down payment of $170,000 downpayment and a net cash flow of $17,711.28. If purchasing with cash, the return remains a lucrative 8.47%, based on the full sale price & cash investment of $850,000, with a $72,000 Annual Return.

Do not disturb tenants—all inquiries must go through the contract holder. Proof of funds for down payment or cash to close required for offers. Contact us today for more details on this incredible opportunity to own a cash-flowing asset with significant upside potential!