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Offered For Sale

236 E 48th Street

#DW23230842

MLF

Built in 1985

$3,790,000

About the property

PRIDE OF OWNERSHIP !!!! Consisting of 20 units in excellent condition , the current owner has made it a priority to perform routine maintenance and create a strong community cohesion , the manager onsite was tasked with renting to well qualify tenants which has resulted in far less turnover when compared to neighboring apartments and with plenty of room to increase rents. This 20 unit complex is composed of a very desirable unit mix of one three bedrooms ,five two bedrooms and 14 one bedrooms . All units have free standing stoves , separate washer and dryer room for extra income. Located 5 minutes away from Cal State San Bernardino this property offers an outstanding investment opportunity for investors seeking to capitalize on the growing demand for student housing AND FOR THE CHERRY ON TOP THE EXISTING LOAN IS ASSUMABLE !!!!!!

Features

General

  • Half Bathrooms 0
  • Real Estate Sub Type Apartment
  • Real Estate Type MLF
  • Square Feet 12,014
  • Stories 2
  • Year Built 1,985
  • Agent Name Evelyn Waidhofer
  • Broker Id YCIS
  • Office Name Classic Investments
  • Days On Market 70
  • Status Active
  • Agent Cell [email protected]

Location

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