$1,180,000
Active
19 Days Online
0 Beds0 Baths0 SQFT
Active

521 Courier Avenue Redlands, CA 92374

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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountySan Bernardino
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site18 Days
  • MLS StatusActive
  • MLS ID NumberWS24095714
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.278 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Terms Exchange
  • Stories 2 Story

Interior Features

  • Water Heater Type Gas
  • Cooling Other/Remarks

Exterior Features

  • Pool N/K
  • Siding Stucco
  • Roof Composition

Community Features

  • Spa N/K

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Monthly Payment (Est.)

$6,299
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