Location, location, location!! Excellent opportunity for developer to purchase this highly sought after flat useable (over) two acre corner lot, located in a desirable residential area of Fontana. Lot currently has two rental units one with 3 bedrooms 1 bath & the other 1 bedroom & 1 bath. The home is currently located within walking distance to Fontana High School, subject lot is zoned residential with the possibility of sub-dividing the lots into 10 to 12 single family homes. This location & lot is a must to see for any investor/builder.
CALLING ALL INVESTORS!!! Seven (7) units on over 2 acres of land located in prime Fontana area of San Bernadino County. Property consists of 5 single-family detached homes and one duplex. One of the rear houses in process of rehab and currently vacant. Front two houses were recently repainted and have refinished hardwood floors. On site manager occupies one of the homes at reduced rent. County Zoning is RM (Multiple Residential) and permits up to 5 dwelling units per acre. Rents are low. See agent remarks below.
These 4 units are the perfect money makers for that passive investor who likes to have monthly steady cash flow... These units are also perfect for the buyer who is looking to live in one and rent the other 3! You might be able to live for free while your tenants pay for your mortgage. This property consists of two units with 2 bedrooms 1 bath each, and two units with 1 bedroom and 1 bath each. 4 seperate gas meters, 4 separate electricity meters and 2 laundry hook ups. They all have ceramic tile in the common areas, the 2 bedroom units have new carpet in the bedrooms and they all have been freshly painted. The roof is only 2 years old and the big backyard has been recently cleaned up. This large corner lot offers more than 31,800 sq feet, with no back neighbors. You can build a pool, tennis courts, basket ball courts or any common amenity to add value to your investment. The area is very family oriented, close to schools, churches, shopping centers and YES to the Fontana Speedway Race Track.
Nice looking triplex. Interior tract location. Nice curb appeal. All units currently occupied and rented. Total rents $2200. All units are one bedroom one bathroom. All kitchen and bathrooms have been recently remodeled. Great investment opportunity.