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$ 950,000
Est. payment | /mo
5 Beds
4 Baths
$ 950,000
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25139413
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Investor-ready and income-producing from day one, this 5-unit property is the kind of smart, stable asset that rarely hits the market. Located just minutes from the revitalizing downtown core, 216 E. 10th St. offers a powerful combination of in-place cash flow, below-market rents, and low maintenanceall in a high-demand rental corridor of San Bernardino. This two-story multifamily building features (1) 2BR/1BA detached HOUSE and (4) 1BR/1BA units, each with open floorplans, updated flooring, and individual gas & electric meterskeeping operating costs low and tenant satisfaction high. Turnkey, fresh exterior paint, and gated perimeter with off-street parking make this a well-cared-for investment. Generating consistent income and since current rents are below market, theres real potential for incremental income growth over time. The property sits on a 6,550 sq ft lot and is surrounded by infrastructure improvements, transit access, and working-class rental demand. The location offers walkability, reliable tenants, and access to schools, shopping, and major employers. Whether youre expanding a portfolio or deploying 1031 exchange funds, this asset delivers what todays buyers want: steady cash flow, solid bones, future upside, and little headache in a proven rental market.
Location
State CA
County San Bernardino
Zoning Assessor
Direction Cross street: Sierra Way
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 0140112220000
Listed by Ives Lopez Apartment Investing Realty, Inc.