Great investment opportunity located in the City of San Bernardino on the corner of W 9th Street/N G Street for $73,800K/Door!! There are 3 studio apartments which are highly desirable and sought after in San Bernardino; plus 10, larger 1 bedroom units. The complex is 100% occupied with 1 unit occupied by an on-site manager (free of charge); which allows potential for additional rent. The landlord pays electric for common areas, 3 studios and the laundry facility. Landlord also pays gas. Individual gas meters are plumbed and ready for individual identifiers/meters from the utility company. An estimate has already been given for this work. The front building has had a new roof within the last few years. There are 6 garages and 4 are currently for tenants with additional income of $20-$35 month to rent them; and 2 for storage (which allows for more income potential). Most units have been rehabbed in the last 4 years with tile or laminate flooring and either tile showers or prefab showers, wall heat/air conditioning. Security fencing was installed to provide extra safety for the tenants and facility. Laundry facility provides additional small income which is managed by outside vendor. Lots of parking space for tenants. Buildings are in good condition with low maintenance required. Please do no disturb the tenants!
Would you like more information regarding this property?
Please call (951) 383-4343.
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