521 Courier Avenue, Redlands, CA 92374
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Listed Price :
$1,150,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1985
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 |
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 |
List Price |
$1,150,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Quadruplex |
Structure Size |
N/A |
Lot Size |
12,111 |
Year Built |
1985 |
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.