$1,150,000
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521 Courier Avenue Redlands, CA 92374
Fourplex
Residence
Beds
Baths
...
Bed/Bath
4,006
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Welcome to the heart of Redlands! Generate income from 4 properties in a desirable neighborhood with a steady rental income stream. The property is conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents ...will have easy access to all amenities. Building Features: 1 unit is a three bedroom, 2 bath & a fireplaces in living room. 2 units are two-bedroom 2 bath. another 1 unit is a one-bedroom, one-bath. The rent is below market due to long-term tenants. Each unit has excellent surface planting, providing additional rental income potential for future growth. Monthly HOA dues are $684. The HOA pays for dumpsters and normal gardening, conducts regular security patrols, and sets aside reserves to maintain the asphalt behind all buildings to provide a professionally maintained appearance. Each unit has individual electric and gas meters. All 4 units have their own garages, plus 3 covered parking spaces and 2 open parking spaces. Separate gas & electric meter in each unit tenant pays themself. Owner pays water, exterior electric and hot water tank gas bill.
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MLS#
WS24095714
Property Type
Fourplex
Year Built
1985
Square Feet
4,006
sq. ft
Lot Size
0.28
Sewer
Unknown, Public Sewer
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