37187 Bankside Dr, Cathedral City, CA 92234
Commercial property for lease
- Description
- A Great find. Four-plex of all 2BR/2BA units in South Cathedral City produces a steady stream of income. Upside potential. Each unit has 2 parking spaces, a courtyard entrance (think private compound) for all units and a laundry room for all residence use. The owner has continued to make improvements in recent years, replacing carpets and tile, connecting to sewer and installing new heat pumps on the roof. Replaced the roof 5 years ago approx. Rents have not been raised and are now below market, giving a new owner an opportunity for increased revenue. Property location is a desirable South Cathedral City Cove. Backing to the Santa Rosa Mountain Range provides views and privacy. Each unit has a private patio area off the living area. All entrance doors face interior courtyard. Room for upside. Rentals s/b approx. $925-950/m. Fully occupied. Building price details: $625,000.
- Exterior Features
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Parking: Yes Parking Spaces: 8 Parking Type: Surface - Contact info
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RoseAnne FoxxBennion Deville Homes
- Note
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- Property Details
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Building Name: Bankside Property Type: Commercial (Other) Status: Available Building Size: 10,988 SF Number of Stories: 1 Year Built: 1970 Submarket: Duplex/Fourplex MSA: Riverside-San Bernardino-Ontario Zoning: R302M Buildings: 1 Construction: Stucco Terms: Cash to Seller, Other Added: 09/06/2019