50 Price St, Redlands, CA 92373

Property Description

Excellent 4-plex apartment building opportunity in the Brookside Park development. Professionally managed association includes leasing & maintenance. On-site management open 7 days a week. Perfect for the "hands off" investor. The 3,838 sq.ft. apartment building has 4 separate units: One is a 3 bed, 2 bath carriage style upstairs unit w/2 car garage. One unit is a Townhouse style w/2 bed, 2 bath & 2 car attached garage. There is also a downstairs unit that is 1 bed, 1 bath & 1 car garage. The last is a carriage style upstairs unit w/2 bed, 2 bath & 1 car garage. There is also a community laundry rm. The community offers resort style living w/6 swimming pools, 3 Jacuzzis, tennis, basketball & volleyball courts as well as a playground. Monthly management fee includes insurance, water, trash, grounds keeping (Pools, Tennis-Courts, Spas included), landscaping, & leasing fees. Located close to public schools (Smiley El., Cope Middle, Redlands High), Loma Linda University Medical Center, the Veterans Hospital, University of Redlands, Esri & downtown Redlands. Great location w/quick access to the 10 freeway at Tennessee. All 4 units look good on the interior, one just renovated. All 4 garage doors have recently been upgraded with sectional doors. GSI = $56,614