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Listing 6 out of 236
$389,900 New For Sale

1025 Herald Street
Redlands, CA 92374

2 units | Multi Family Home
6521 sq ft lot - MLS# IG18284393
Property Photo
1/9

Description

2 Houses in one lot (not a wall in between) . Good Deal for Investors. Cap Rate at 7.5% at Pro Forma Rent!!. Front Unit has 3 bedroom and 1 Bath and the Second Unit has 1 Bedroom and 1 bath. Very good condition. . Must See!!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92374
  • Year Built: 1900
  • Stories: One
  • Units: 2 units
  • Lot Size: 6521 sq ft lot
  • Area: 268 - Redlands
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1600.00
  • Building Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Curbs
  • Country: US
  • Directions: West Orange and North Fwy 10
  • Gross Income: 24900.00
  • Gross Scheduled Income: 24900.00
  • Insurance Expense: 600.00
  • Laundry Features: Inside
  • Laundry YN: Yes
  • Listing Agent License: 01197927
  • Listing Office License: 01812614
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 6521.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 23655.00
  • New Taxes Expense: 692.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Operating Expense: 1245.00
  • Property Attached YN: Yes
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Expenses: 1332.00
  • Trash Expense: 40.00
  • Water Sewer Expense: 90.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Homequest Real Estate, Karim Almandos

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The Mission Company
CalBRE #01380867
31258 Endymion Way
Redlands, CA 92373

Eugene Lowmaster
BRE #01512428
909-307-1225 ext. 2

lowmaster210@yahoo.com

The Mission Company, Inc. | BRE 01380867 | NMLS 1562962 | 909-307-1225 office 909-307-1224 fax | lowmaster210@yahoo.com
36818 Oak View Road, Yucaipa CA 92399
Copyright © 2019. Yolanda Lowmaster, All Rights Reserved