521 Courier Avenue

Redlands, CA 92374

$1,150,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $287 / sqft

1985

calendar_month Built

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material See Remarks
Fireplace Information
Features See Remarks
Interior Information
Cooling Type See Remarks

Listing Information

Address 521 Courier Avenue
City Redlands
State CA
Zip 92374
County San Bernardino
Listing Agent HELEN CHAN DRE#01106869
Courtesy Of IRN REALTY
MLS WS24095714
List Price $1,150,000
Status Active
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 12,111
Year Built 1985
DOM 21

Exterior Information

Maps

Listing information courtesy of: HELEN CHAN, IRN REALTY . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 1st, 2024 at 8:52 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.