Property Details

924 Orange St
Redlands, CA 92374

Price
$379,000
GRM
18.57  
GSI
$20,400  
NOI
$13,916  
CAP Rate
3.7  
Units
2  
Price/unit
$189,500  
Square Footage
1,548  
Price/sqft
$245  
Lot Size (sqft)
6,500  
Year Built
1940  

Property Description

This Redlands Duplex is located in a general commercial zoning area. Both units are separately metered for gas and electric. Access from Orange St or the alley in rear. Windows have been retrofitted and newer tiles floors throughout both units. Front driveway allows parking for 2-3 cars and rear gated driveway allows for 4-5 cars.

Existing rents are ± 15% under market, providing a very generous upside to investors seeking apartment buildings for sale in Redlands.


Unit Composition

QtyBedroomsBathrooms
12 Bedroom1 Bath
12 Bedroom1 Bath

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