11560 Sage Street
Adelanto, CA 92301
Active for $700,000
Beds: 8 Baths: 4 Structure Size: 2,895 sqft Lot Size: 10,368 sqft
| MLS | 24399019 |
| Year Built | 1985 |
| Property Type | |
| County | San Bernardino |
| Status | Active |
| Active | $700,000 |
| Structure Size | 2,895 sqft |
| Lot Size | 10,368 sqft |
| Beds | 8 |
| Baths | 4 |
Description
If you want to LIVE in one of the units, You can get out the Tenant that pays $800 a month rent, Live in that unit and still make rent from 3 units,$59,748 a Year Rental income. Can use a VA loan or FHA loan and you make cash flow to pay your loan off and maybe still make some positive cash flow from your 4 unit property, as you live in one of the units. Or leave it as is: HIGH CASH FLOW, at a 9.9% GROSS Rent Income for the Price. $69,348 PER YEAR rental income for a $700,000 property that is a 7.51 CAP RATE. PLUS there still upside as one of the 2br are at $800 a month vs $1600. If you want to make a good return on your cash, then this property is for you. Very few properties out there making this high of a return.
Listing information courtesy of: Jason Hurst, EGL Properties Incorporated . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Ari Kevork Keghinian
REALTOR®
Direct: 818.261.8110
Email: Email Me
DRE: 02150952
DRE #01873088
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