$890,000
$799,999
11.3%For more information regarding the value of a property, please contact us for a free consultation.
0.27 Acres Lot
SOLD DATE : 05/31/2022
Key Details
Sold Price $890,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2203279
Sold Date 05/31/22
HOA Y/N No
Lot Size 0.274 Acres
Property Description
Calling all investors! Don't miss your opportunity to own this turnkey Triplex income property conveniently located near the Historic Downtown Redlands. There are 3 units on site with separate gas and electric. The one-bedroom unit is currently renting at $950, the 2-bedroom unit is currently renting at $1,100 and the 3-bedroom unit is renting at $1800. Rents have not been increased in over 3 years on the 1-bedroom and 2-bedroom units! These properties can easily rent for a combined income of at least $4300 per month with adjustments in the 1 and 2 bedroom units. Take advantage of this opportunity to own your next investment on a quiet street in Redlands with a pride of ownership. The kitchens in both the 3-bedroom unit and the 1 bedroom unit have been updated. All units have separate laundry. The 3-bedroom unit has central air, stainless appliances, and granite counters, and a nicely sized master bedroom. A single car garage separates the 1- and 2-bedroom units for use at the new owners discretion. The 3 bedroom unit is detached and offers a beautiful patio space with a water feature. Parking is not an issue as there is plenty of driveway and street parking permitted. Don't miss your opportunity to be the next proud owner of this turnkey property just a few blocks from The Redlands Bowl, Restaurants and more!
Calling all investors! Don't miss your opportunity to own this turnkey Triplex income property conveniently located near the Historic Downtown Redlands. There are 3 units on site with separate gas and electric. The one-bedroom unit is currently renting at $950, the 2-bedroom unit is currently renting at $1,100 and the 3-bedroom unit is renting at $1800. Rents have not been increased in over 3 years on the 1-bedroom and 2-bedroom units! These properties can easily rent for a combined income of at least $4300 per month with adjustments in the 1 and 2 bedroom units. Take advantage of this opportunity to own your next investment on a quiet street in Redlands with a pride of ownership. The kitchens in both the 3-bedroom unit and the 1 bedroom unit have been updated. All units have separate laundry. The 3-bedroom unit has central air, stainless appliances, and granite counters, and a nicely sized master bedroom. A single car garage separates the 1- and 2-bedroom units for use at the new owners discretion. The 3 bedroom unit is detached and offers a beautiful patio space with a water feature. Parking is not an issue as there is plenty of driveway and street parking permitted. Don't miss your opportunity to be the next proud owner of this turnkey property just a few blocks from The Redlands Bowl, Restaurants and more!
Location
State CA
County San Bernardino
Area Riv Cty-Redlands (92373)
Zoning Assessor
Interior
Cooling Central Forced Air, Wall/Window
Building
Lot Description Curbs
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash
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Bought with ROSEMARY BRUN • SMART SELL REAL ESTATE
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States