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Bailey Properties
126 W Wabash ST, San Bernardino, CA 92405
- $599,000
Listed by Dawn Hicks, from COMPASS
(If provided) CoList: Carla Jamison from COMPASS
- List Price
- $599,000
- Price Change
- ▼ $40,000 1791399466
- MLS#
- CRPF26169537
- Status
- ACTIVE
- Lot Size
- 300
- Listing Area
- 274 - San Bernardino
Property Description
INVESTMENT OPPORTUNITY IN SAN BERNARDINO! Add to your real estate portfolio with this income-producing triplex featuring three residential units: two 1-bedroom, 1-bathroom units and one spacious 3-bedroom, 2-bathroom unit. All three units are currently rented, providing an established rental income stream. With reported annual gross scheduled rental income of $48,420, a reported net operating income (NOI) of $32,802, and an approximately 5.48% cap rate based on seller-provided income and expenses at the current asking price, this property presents an attractive opportunity for investors seeking rental income and long-term investment potential. Whether you're expanding an established portfolio or considering your next multifamily acquisition, this property deserves a closer look! Conveniently located in San Bernardino with access to shopping, local amenities, and transportation corridors. Buyer to independently verify all financial information, rental income, expenses, permits, square footage, and property condition.
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Additional Information
- Cooling System
- None
- Laundry Facilities
- None
- Levels
- One Story
- Lot Size
- 300
- Neighborhood
- 274 - San Bernardino
- Numberof Units
- 3
- Pool Description
- 31, None
- Unincorporated Yn
- Yes
- View
- Neighborhood View
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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