Very hard to find 1981 built 4000 sqft 4plex in the heart of Redlands. Minutes from Redlands University, minutes from downtown Redlands as well as very easy access to the 10 freeway, this 4plex has prime location for future rental growth. With more logistics centers being built in the area, rental market is poised for further growth. Property has a excellent unit mix, 3 bed/2 bath, 2 bed/2 bath and several 2 bed/1bath units, as well as a laundry room, the building also has 8 assigned parking spots, 4 garages, and 4 carport spots. All units with Central Air and Heat. This property is a perfect addition for any real estate investor looking for a smoothly running machine with great long term growth, it is the best value of as performing GRM in this area. Market rents make Proforma Gross Annual Income to be projected for $54000 annually!
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