217 Judson St 4 Unit Apartment Building $1,570,410 CAD ($392,603 CAD/Unit) 5.32% Cap Rate Redlands, CA 92374

RECENT 50K PRICE REDUCTION MOTIVATED SELLER / Welcome to 217 Judson Street, Redlands, CA 92374, a premier multi-family investment opportunity in the thriving city of Redlands. This well-maintained apartment complex, built in 1964, is situated on a lot totaling 0.167 acres, offering ample space and strategic central positioning. With 4 units, the property boasts an attractive unit mix that appeals to a broad tenant base: - 3 Units: 900 Sq. Ft., 2 Bedrooms, 1 Bathroom - 1 Unit: 1,150 Sq. Ft., 3 Bedrooms, 3 Bathrooms The spacious layouts and competitive unit sizes provide a distinct advantage over market rentals in the area, attracting tenants seeking comfort and value. The property is very well kept, featuring four dedicated garages for each unit, an on-site laundry room, and a prime location, enhancing its appeal for investors. Located in the heart of Redlands, this property benefits from its central location and excellent accessibility, with proximity to schools, churches, downtown amenities, shopping, and major transportation routes. The city continues to experience strong market fundamentals, including stabilization, steady rental demand with average rates around $2,250–$2,525, and increasing property values. This makes 217 Judson Street a compelling opportunity for both seasoned and first-time investors looking to capitalize on the area’s growth and demand for quality housing.