Property Description: Multi-Family on 2097 North Sierra Way, San Bernardino, CA state. There are 2 bedrooms and 1.0 bathrooms in the house. This listing was added to our database on May 16, 2014. Listing was updated in 05/16/14. 1 single family residence with 2 bedrooms/1 bath and 5 apartment units behind which include 3 units with 2 bedrooms/1 bath and 2 units with 1 bedroom/ 1 bath. There is also a laundry room on site and each unit has a carport. Rental rates described below are current and very low for the market. Operating expenses have not been verified by agent or broker and are subject to change. Current cap rate based on low rental amounts is approximately 7% with potential for approximately 9% /$45,120 GSI if raised to fair market value. Fully occupied with all units currently on month to month agreements. Recent upgrades within the last two years include paint and flooring in all units. Motivated sellers will consider all offers. Property to be sold as is.
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