521 Courier Avenue

    Redlands, CA 92374
    • $735,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: IG18121694
    UPDATED: 60 min ago
    $735,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,006
      SQFT
    • $183
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:

    School Ratings & Info

    Description

    "Back on the Market - July 21" Attractive "Covington Style" Four Unit Apartment Building in Redlands. The building offers a front "Covington Style" unit with 3 Bedrooms, 2 Full Bathrooms, a Dining Room and Fireplace, with a small patio yard. The other 3 Units are 2 Bedroom Units and all units have central air, central heating, each unit has a 1 car garage, there are 3 carport spots and plenty of additional parking. The exterior has recently been painted and some of the rents are below market due to long term tenants. This property belongs to the Mountainview HOA. The monthly dues of $360 pay for the trash dumpster rental and pickup, normal gardening, the HOA has periodic security patrols, and sets aside reserves to maintain the asphalt behind all the buildings to provide a professionally maintained appearance.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T23:27:42.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/83874075

    521 Courier Avenue Redlands, CA 92374

    • Price: $735,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: IG18121694
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    4,006
    SQFT
    $183
    $/SQFT
    1985
    Built
    Neighborhood:
    268 - Redlands
    County:
    San Bernardino
    Area:
    268 - Redlands
    Property Description
    "Back on the Market - July 21" Attractive "Covington Style" Four Unit Apartment Building in Redlands. The building offers a front "Covington Style" unit with 3 Bedrooms, 2 Full Bathrooms, a Dining Room and Fireplace, with a small patio yard. The other 3 Units are 2 Bedroom Units and all units have central air, central heating, each unit has a 1 car garage, there are 3 carport spots and plenty of additional parking. The exterior has recently been painted and some of the rents are below market due to long term tenants. This property belongs to the Mountainview HOA. The monthly dues of $360 pay for the trash dumpster rental and pickup, normal gardening, the HOA has periodic security patrols, and sets aside reserves to maintain the asphalt behind all the buildings to provide a professionally maintained appearance.
    Exterior Features

    Carport Spaces 3.00 Garage Spaces 4.00 Lot Features Lawn Lot Size Source Assessor Lot Size Units Square Feet Parking Total 9.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Fireplace Features Living Room Fireplace YN Yes Laundry Features Individual Room Levels Two

    Property Features

    Additional Parcels YN No Association Fee 360.00 Association Fee Frequency Monthly Association YN Yes Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 1100.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 51800.00 Gross Operating Income 50764.00 Gross Scheduled Income 51800.00 Insurance Expense 1600.00 Land Lease YN No Laundry Income 600.00 Laundry YN Yes Net Operating Income 32764.00 New Taxes Expense 7800.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 18000.00 Other Expense 4320.00 Other Expense Description Hoa Dues Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Actual Rent 4250.00 Total Expenses 17520.00 Trash Expense 0.00 Vacancy Allowance Rate 2.00 Water Sewer Expense 2700.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Kurt Tiedt of Titan Real Est.& Investments.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T23:27:42.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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