$950,000
Redding, CA 96002
MLS# 21-335
Status: Closed
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Property Description
**SELLER WILL INSTALL 2 BRAND NEW ROOFS with an acceptable offer!! 8 Unit Apartment Complex! Current Annual Gross income is over $87,000 with a 6% CAP! NEW coin-op laundry room just added. Rents are scheduled to increase in April 2021. Each building can qualify for 30yr Fixed, Low Interest Financing! Located in central Redding, close to shopping, dining, schools and parks. Each unit has a ''townhouse'' style layout with 2 Large Bedrooms + a full bathroom upstairs and Kitchen, Living-room & private Patio downstairs. These buildings have been well maintained with 7 of the units have been upgraded with New Luxury Vinyl Flooring, New Paint & New Stainless Steel Appliances. 3 Newer HVAC units. There is ample off street parking with covered car ports for each unit. Call Today!
Details
Maps
Address Information
Cross Street: Alfreda Way
Street Number: 1250
Street Name: Wurch Way
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 1085000
Parcel Number: 067-430-004-000
Lot Dim or Acres: 11,761
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 1
Current Price: $950,000
Area: 02 - NE Redding
Subdivision: N/A
Year Built: 1978
Remarks
Public Remarks: **SELLER WILL INSTALL 2 BRAND NEW ROOFS with an acceptable offer!! 8 Unit Apartment Complex! Current Annual Gross income is over $87,000 with a 6% CAP! NEW coin-op laundry room just added. Rents are scheduled to increase in April 2021. Each building can qualify for 30yr Fixed, Low Interest Financing! Located in central Redding, close to shopping, dining, schools and parks. Each unit has a ''townhouse'' style layout with 2 Large Bedrooms + a full bathroom upstairs and Kitchen, Living-room & private Patio downstairs. These buildings have been well maintained with 7 of the units have been upgraded with New Luxury Vinyl Flooring, New Paint & New Stainless Steel Appliances. 3 Newer HVAC units. There is ample off street parking with covered car ports for each unit. Call Today!
Directions: Hartnell to Alfreda to Wurch Way.
Unit Type
5 or More: 1
Parking
Carport: 1
Guest: 1
Off Street: 1
Unit Description
2 Bedroom: 1
All Units Include
Air Conditioner: 1
Cable: 1
Patio: 1
Ownership
Seller: 1
Heating
Forced Air: 1
Cooling
Central: 1
Selling Terms
Cash: 1
Unit 1
Unit #: A
# Bedrooms: 2
# Baths: 1.5
Rent: 900
SqFt: 1100
Unit 2
Unit #: B
# Bedrooms: 2
# Baths: 1.5
Rent: 900
SqFt: 1100
Unit 3
Unit #: C
# Bedrooms: 2
# Baths: 1.5
Rent: 840
SqFt: 1100
Unit 4
Unit #: D
# Bedrooms: 2
# Baths: 1.5
Rent: 900
SqFt: 1100
Unit 5
Unit #: E
# Bedrooms: 2
# Baths: 1.5
Rent: 900
SqFt: 1100
Unit 6
Unit #: F
# Bedrooms: 2
# Baths: 1.5
Rent: 900
SqFt: 1100
Unit 7
Unit #: G
Bed: 2
Bath: 1.5
Rent: 900
SqFt: 1100
Unit 8
Unit #: H
Bed: 2
Bath: 1.5
Rent: 900
SqFt: 1100
Contract Information
Status: Closed
List Date: 2021-01-25
Sold Date: 2021-05-05
Under Contract Date: 2021-04-22
Sold Price: $950,000
Property Features
Unit Type: 5 or More
Parking: Off Street; Carport; Guest; Off Street
Unit Description: 2 Bedroom
All Units Include: Air Conditioner; Cable; Patio
Heating: Forced Air
Cooling: Central
Ownership: Seller
Selling Terms: Cash
IDX
Listing Office: Realty 110, Inc.
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.