We are pleased to exclusively offer for sale this 5 unit investment property located in the city of Fontana. The subject property consists of 5 single story units situated on a HUGE 37,800 sqft lot. The unit mix is comprised of a detached 2bed/1bath cottage, two 2bed/1bath units, and two 1bed/1bath units. Tenants enjoy garage and open space parking. All units are separately metered for electricity and gas while the owner pays for water and trash. With a potential 7.6% market cash-on-cash return, a new investor can take advantage of revitalizing the rental units while significantly increasing the existing rental rates to market level.
Updated on August 17, 2018 at 11:25 am