3471 W Poppet Street Active Save Request In-Person Tour Request Virtual Tour
San Bernardino,CA 92407
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25136949
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County San Bernardino
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
View Y/N No
Building
Story 1
Others
Virtual Tour https://www.homes.com/property/3471-w-poppet-st-san-bernardino-ca/552le65hv133y/?tab=1&dk=b19qq4hmh2l9e