$1,100,000
Redding, CA 96001
MLS# 19-1313
Status: Closed
1 / 7
Property Description
Residential income property with gorgeous views of the Sacramento river, includes 2 parcels (5 2bed/2bath apts along the river, a 3/2 single family home w/ basement, and a 2/1 carriage house, shared driveway--7 units total). With Redding's downtown revitalization in action, you won't want to miss out on this investment opportunity! Gross income of $92,940 per year (current rent is low).
Details
Maps
Address Information
Cross Street: Trinity
Street Number: 1020-1032
Street Name: Gilbert St
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 1200000
Parcel Number: 101-420-023-000, 101-420-024-000
Lot Dim or Acres: 16,988
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 2
Current Price: $1,100,000
Area: 01 - NW Redding
Subdivision: N/A
Year Built: 1977
Remarks
Public Remarks: Residential income property with gorgeous views of the Sacramento river, includes 2 parcels (5 2bed/2bath apts along the river, a 3/2 single family home w/ basement, and a 2/1 carriage house, shared driveway--7 units total). With Redding's downtown revitalization in action, you won't want to miss out on this investment opportunity! Gross income of $92,940 per year (current rent is low).
Directions: North on N. Market Street, right on Trinity, left on Gilbert
Unit Type
5 or More: 1
Exterior
Wood: 1
Parking
# Spaces Garage: 5
Unit Description
1 Bedroom: 1
2 Bedroom: 1
3 + Bedroom: 1
Miscellaneous
Lawn Sprinklers: 1
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Balcony/Deck: 1
Refrigerator: 1
Storage: 1
Washer/Dryer: 1
Washer/Dryer Hookups: 1
Some Units Include
Fireplace: 1
View: 1
Ownership
Seller: 1
Heating
Forced Air: 1
Gas: Natural
Cooling
Central: 1
Available Terms
1031 Required: 1
Possession
Close of Escrow: 1
Photo
On File: 1
Selling Terms
Conventional: 1
Owner Expenses
Sewer: 1
Tenant Expenses
Electric: 1
Existing Rntl Terms
Month to Month: 1
Unit 1
Unit #: 1
# Bedrooms: 2
# Baths: 2
Rent: 1100
Parking: 1 car garage
Stories: 2
Remarks: Fireplace
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 2
Rent: 1200
Parking: 1 car garage
Stories: 2
Unit 3
Unit #: 3
# Bedrooms: 2
# Baths: 2
Rent: 1045
Parking: 1 car garage
Stories: 2
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 2
Rent: 1200
Parking: 1 car garage
Stories: 2
Unit 5
Unit #: 5
# Bedrooms: 2
# Baths: 2
Rent: 1200
Parking: 1 car garage
Stories: 1
Remarks: Unit is above garage
Unit 6
Unit #: 1030
# Bedrooms: 3
# Baths: 2
Rent: 1200
Parking: Lot
Stories: 1
Remarks: Basement
Unit 7
Unit #: 1032
Bed: 2
Bath: 1
Parking: Lot
Stories: 1
Remarks: Unit in back
Contract Information
Status: Closed
List Date: 2019-03-20
Sold Date: 2019-05-10
Under Contract Date: 2019-03-26
Sold Price: $1,100,000
Property Features
Unit Type: 5 or More
Exterior: Wood
Unit Description: 1 Bedroom; 2 Bedroom; 3 + Bedroom
All Units Include: Air Conditioner; Balcony/Deck; Refrigerator; Storage; Washer/Dryer; Washer/Dryer Hookups
Some Units Include: Fireplace; View
Heating: Forced Air
Cooling: Central
Miscellaneous: Lawn Sprinklers; Smoke Detectors
Ownership: Seller
Owner Expenses: Sewer
Tenant Expenses: Electric
Existing Rntl Terms: Month to Month
Available Terms: 1031 Required
Possession: Close of Escrow
Photo: On File
Selling Terms: Conventional
IDX
Listing Office: Shasta Sotheby's International Realty
Last Updated: October - 15 - 2024
Information deemed reliable but not guaranteed.