427 W. C St., Ontario, CA 91762 - CV21007496 - iPro Real Estate

427 W. C St.
Ontario, CA 91762

Expired, Multi-Family/Income Sale

For Sale

$915,000 $143.39 per sqft

Free Professional CMA

Listing ID : CV21007496

  • Beds

    3
  • Lot Size

    6,381 Sqft

Description

We are pleased to offer for sale this 5 unit investment property located in the city of Ontario. Composed of 1 building, the unit composition is 1 2Bed/1Bath unit and four 4units 1bed 1bath. The structure is a single family cottage with a private yard and laundry hookups. Tenants pay for all utilities! The offering is already a lucrative opportunity for a new investor, not to mention the additional 30% upside in rental rates that exists given the low rents in place. Ontario has only seen vacancy tighten and rental rates climb given it is a desirable rental location for tenants, and a great opportunity for investors looking for the path of appreciation.

Details

Type: Multi-Family/Income Sale 
County: San Bernardino 
Tax ID: 1048572010000
Net Operating Income: $15,000 
Heating: Forced Air 
Number of Units: 5 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

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34.065525 -117.655754 $915,000 CV21007496
427 W. C St., Ontario, CA 91762
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Listed by JOSEPH DOMOND with CENTURY EXECUTIVE REALTY