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$1,180,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
12/10/2024 08:46 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS24151457
Originating Board California Regional MLS
Year Built 1985
Lot Size 0.303 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. Seller replaced all units plumbing work and termite work. Unit Features: Unit # A: 3-bedrooms, 2 bathrooms, and a cozy fireplace in the living room. Unit # B, 2-bedrooms and 2 bathrooms and a small size of patio off the kitchen. Unit # C, 2-bedrooms and 2 bathrooms and a deck off the kitchen. Unit D: 2 bedrooms and 1 bathroom, with a spacious living area and a deck above the laundry room. Rental Income, Rents are below market due to long-term tenants. Each unit has an excellent floor plan that provides additional rental income potential for future growth. Each unit has its own electric and gas meters. Landlord pays, water & gas bill for the hot water tank for all 4 units and the laundry area. Monthly HOA dues are $718. 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.
Location
State CA
County San Bernardino
Area 268 - Redlands
Interior
Cooling Central AC
Laundry In Laundry Room
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 0167271350000
Special Listing Condition Not Applicable
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Listed by HELEN CHAN • IRN REALTY