419 Brookside Avenue

  • Redlands

  • $899,000
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Residential Income Details

Description
Amazing opportunity to own a Medical Bldg with 4 tenants in place. Current rents are $5780 with 650 sq ft available for an additional $1300 a month. Fully rented the building would gross cash flow $6730 a month. Waiting room would account for approximately 412 sq. feet shared space with two suites. 1500 sq ft currently has a 4 year lease with 2 - 5 year options at $3750 and $3950(2nd term) a month. 500 sq. ft is rented for $530 a month (this is a year lease so there is up potential to raise the rent). Two units above the building are 600 sq. feet 1/1 each newly renovated and rent for $875 each. Located in a prime area of Redlands this charming building is a great investment opportunity and with the additional 650 sq feet available for another rental. 6 designated parking spaces behind the building. Newly stucco, new ramp being built. Zoned professional office SUBJECT TO CANCELLATION OF PREVIOUS ESCROW.
Essential
MLS #EV18070941
Price$899,000
Number of Units5
Sale TypeStandard
StatusActive
Listing BrokerageCENTURY 21 LOIS LAUER REALTY
Listing AgentJANET BURKE
Listing Agent BRE #01111173
Interior
CoolingCentral
HeatingCentral Furnace
FireplaceSee Remarks
Exterior
Garage Spaces0
PoolNone
SpaNone
RoofingTile
Community
Area268 - Redlands
CommunityCurbs
Address419 Brookside Avenue
CityRedlands
CountySan Bernardino
StateCA
ZipCode92373
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, September 19, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.