Generate immediate and secure cash flow with this exceptional North San Bernardino property, perfect for savvy investors or those utilizing a 1031 exchange. This unique offering features two distinct, modern residences on a single lot, producing a combined gross rental income of $4,150 per month.
Peace of mind is built-in, as tenants in both the front house and the ADU have been professionally vetted and placed by a reputable 4-star property management company, ensuring a reliable income stream from day one. To maximize your return on investment, the property utilizes a Ratio Utility Billing System (RUBS), meaning tenants pay for all major utilities, including water, trash, electricity, and gas.
The front house is a beautifully updated 3-bedroom, 2-bathroom home leased at $2,500/month. The interior shines with contemporary finishes, including luxury vinyl plank flooring, sleek quartz countertops, and stainless steel appliances. The private, newly constructed 1-bedroom, 1-bathroom ADU generates an additional $1,650/month.
Whether you’re looking to expand your portfolio or live in one unit (once the tenant’s lease expires) while the other offsets your mortgage, this property is a turnkey solution. Located within walking distance to schools, parks, shopping, and dining, this is an unparalleled opportunity.
Lechavarria@onthegorealestate.com
