$890,000
$799,999
11.3%For more information regarding the value of a property, please contact us for a free consultation.
0.27 Acres Lot
SOLD DATE : 05/31/2022
Key Details
Sold Price $890,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2203279
Sold Date 05/31/22
HOA Y/N No
Year Built 1955
Lot Size 0.274 Acres
Property Sub-Type Triplex
Property Description
Calling all investors! Don't miss your opportunity to own this turnkey Triplex income property conveniently located near the Historic Downtown Redlands. There are 3 units on site with separate gas and electric. The one-bedroom unit is currently renting at $950, the 2-bedroom unit is currently renting at $1,100 and the 3-bedroom unit is renting at $1800. Rents have not been increased in over 3 years on the 1-bedroom and 2-bedroom units! These properties can easily rent for a combined income of at least $4300 per month with adjustments in the 1 and 2 bedroom units. Take advantage of this opportunity to own your next investment on a quiet street in Redlands with a pride of ownership. The kitchens in both the 3-bedroom unit and the 1 bedroom unit have been updated. All units have separate laundry. The 3-bedroom unit has central air, stainless appliances, and granite counters, and a nicely sized master bedroom. A single car garage separates the 1- and 2-bedroom units for use at the new owners discretion. The 3 bedroom unit is detached and offers a beautiful patio space with a water feature. Parking is not an issue as there is plenty of driveway and street parking permitted. Don't miss your opportunity to be the next proud owner of this turnkey property just a few blocks from The Redlands Bowl, Restaurants and more!
Location
State CA
County San Bernardino
Area 268 - Redlands
Zoning Triplex 3 Units Any Combi
Interior
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Biking, Curbs, Fishing, Lake
View Y/N No
Total Parking Spaces 6
Private Pool Yes
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 0171203090000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with ROSEMARY BRUN SMART SELL REAL ESTATE
