$1,350,000
$1,400,000 3.6%
Est. payment /mo
8 Beds
8 Baths
7,800 Sqft Lot
UPDATED:
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25041408
Bedrooms 8
Lot Size 7,800 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to exclusively present the opportunity to acquire 1409 Springfield St, a 4-unit multi-family investment property located in the city of Upland, California. Constructed in 1965, the property sits on an 7,800 square feet parcel with a building area of 4,028 square feet. The property consists of four spacious two-bedroom / one & half bathroom floor plans with approximately 1,000 square feet per unit. The building offers its tenants one laundry, enclosed garage parking and enclosed patio's in three units. Each unit is individually metered for gas and electricity, with the landlord responsible for water, sewer and trash. During long term ownership, the water lines have been upgraded to copper and each building is equipped with a 100-gallon water heater. The property is located in a prime rental area of Upland, offering both stable cash flow and future upside potential.
We are pleased to exclusively present the opportunity to acquire 1409 Springfield St, a 4-unit multi-family investment property located in the city of Upland, California. Constructed in 1965, the property sits on an 7,800 square feet parcel with a building area of 4,028 square feet. The property consists of four spacious two-bedroom / one & half bathroom floor plans with approximately 1,000 square feet per unit. The building offers its tenants one laundry, enclosed garage parking and enclosed patio's in three units. Each unit is individually metered for gas and electricity, with the landlord responsible for water, sewer and trash. During long term ownership, the water lines have been upgraded to copper and each building is equipped with a 100-gallon water heater. The property is located in a prime rental area of Upland, offering both stable cash flow and future upside potential.
We are pleased to exclusively present the opportunity to acquire 1409 Springfield St, a 4-unit multi-family investment property located in the city of Upland, California. Constructed in 1965, the property sits on an 7,800 square feet parcel with a building area of 4,028 square feet. The property consists of four spacious two-bedroom / one & half bathroom floor plans with approximately 1,000 square feet per unit. The building offers its tenants one laundry, enclosed garage parking and enclosed patio's in three units. Each unit is individually metered for gas and electricity, with the landlord responsible for water, sewer and trash. During long term ownership, the water lines have been upgraded to copper and each building is equipped with a 100-gallon water heater. The property is located in a prime rental area of Upland, offering both stable cash flow and future upside potential.
Location
State CA
County San Bernardino
Area Upland (91786)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 2
Others
Monthly Total Fees $26
Acceptable Financing Cash
Space Rent $1,600
Listing Terms Cash
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Listed by Kevin Struve • MARCUS & MILLICHAP
Bought with Lijia Hu • Berkshire Hathaway HomeServices California Properties
Bought with Lijia Hu • Berkshire Hathaway HomeServices California Properties