221 E 19th Street, San Bernardino, CA 92404
List Price: $990K
Listing Status: Active
0Days on Market: 1
0 Bedrooms · 0 Bathrooms · 3,944 sq ft
Property Type: ResidentialIncome
Year Built: 1979
Lot Size: 7,500 sq ft
MLS Number: 26848073
About This Property
Four townhouse-style units delivered completely vacant create a rare opportunity to lease at market rents from day one. The property consists entirely of two bedroom, two bathroom, two story townhouse style units designed to provide a more residential living experience than traditional apartment product. Each unit features a private backyard patio, central air conditioning, washer and dryer hookups, and dedicated carport parking. The property is separately metered for gas and electricity, helping keep owner utility expenses low. The townhouse layouts and private outdoor space create strong tenant appeal and provide a competitive advantage compared to many nearby apartment properties. With all units vacant, a new owner has the ability to establish market rents from day one without inheriting below market leases. Located in San Bernardino, the property offers convenient access to the 215 and 210 freeways along with nearby shopping, schools, and major employment centers throughout the Inland Empire. The ability to immediately establish market rents, combined with reduced owner utility responsibilities, creates an opportunity to increase income from day one while building long term value.
Listing provided by: Oscar Diaz DRE #02022902 310-909-5500 Oscar.Diaz@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: 26848073
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.