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
  • Parking: Yes
    Parking Spaces: 8
    Parking Type: Surface
  • Contact info
  • RoseAnne Foxx
    Bennion Deville Homes
  • Note
  • Details Info about this row that located on 37187 Bankside Dr, Cathedral City, CA 92234 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • 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

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