11560 Sage Street, Adelanto, CA 92301
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Listed Price :
$700,000
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Beds :
8
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Baths :
4
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Property Size :
2,895 sqft
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Year Built :
1985
Property 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.
Interior Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Cooling Type |
Evaporative Cooling |
Listing Information
| Address |
11560 Sage Street |
| City |
Adelanto |
| State |
CA |
| Zip |
92301 |
| County |
San Bernardino |
| Listing Agent |
Jason Hurst DRE #02067523 |
| Courtesy Of |
EGL Properties Incorporated |
| List Price |
$700,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
2,895 |
| Lot Size |
10,368 |
| Year Built |
1985 |
Listing information courtesy of: Jason Hurst, EGL Properties Incorporated. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:40 PM 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.
