Redlands, CA 92374,521 Courier Avenue
Redlands, CA 92374,521 Courier Avenue
Redlands, CA 92374,521 Courier Avenue
Redlands, CA 92374,521 Courier Avenue
Redlands, CA 92374,521 Courier Avenue
Redlands, CA 92374,521 Courier Avenue
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$1,150,000

$1,150,000

Est.Price: ?

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Est. payment /mo

9 Beds

7 Baths

0.28 Acres Lot


SOLD DATE : 08/28/2024

Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS24095714

Sold Date 08/28/24

Bedrooms 9

HOA Y/N No

Lot Size 0.278 Acres

Property Description

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.
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.

Location

State CA

County San Bernardino

Area Redlands (92374)

Zoning Assessor

Interior

Cooling Other/Remarks

Appliance Other/Remarks

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Sidewalks

Story 2

Level or Stories 2 Story

Others

Acceptable Financing Exchange

Space Rent $1,850

Listing Terms Exchange

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San Diego Regional MLS (SDMLS)
Listed by HELEN CHAN • IRN REALTY
Bought with RYAN MCKEE • NEST REAL ESTATE
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States

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