$954,250
Sold

1367 Milburn Avenue

Redlands, CA 92373
0.23 acres | #SB24070376
Listing OfficeMaverick Realty
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Park like setting at Brookside Park and Townhomes. Single building 4-plex, with enclosed garage for all units; 2 x 2 car + 2 x 1 car garages. Property offers 1 - three bedroom / 3 bath townhome style design, 1 - 2 bedroom / 2 bath townhome style, and two upper units - one 2 bedroom / 2 bath and 1 bedroom / 1 bath. Property is conveniently located near shopping, entertainment, schools, Loma Linda and Redlands University's, two hospitals - Redlands Hospital and Loma Linda Hospital. Each property offers central heating & AC, dishwasher & microwave and property is pet friendly. Property address range from 1367 Milburn to 1373 Milburn. Townhome style apartments are end units, upper middle are the 2br / 2ba and 1br / 1ba. Townhome style Units - end units have hookups for washer / dryer. Professionally managed property. Drive-by only. Do Not Disturb Tenants. Financial based on 2023 return. Current rents are higher. Projected annual income on MLS schedule rents is $ 99,660. HOA for all owners covers maintenance of all properties on 37 acres; buildings, grounds, 6 pools, etc.

    Location

    EPIC Realty GroupEPIC Realty Group