$683,000
Redding, CA 96001
MLS# 16-5560
Status: Closed
1 / 1
Property Description
Great Investment opportunity. 11 units all occupied - Seller spent approx $300K to upgrade all units ( down to sheetrock ) in the last 5 years. Each unit approx. 750 sqft 2/1. Almost everything is NEW ! Generating approx. $ 7100 a month plus coin laundry income. Expenses minimal at around $ 380 p/m. Covers utilities, water, trash. Private, gated interior courtyard. 4 units down stairs - 7 up.
Details
Maps
Address Information
Cross Street: Tehama St
Street Number: 1356
Street Name: WEST ST
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 729900
Parcel Number: 105-780-007-000
Lot Dim or Acres: 10,399
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 2
Current Price: $683,000
Area: 01 - NW Redding
Subdivision: N/A
Remarks
Public Remarks: Great Investment opportunity. 11 units all occupied - Seller spent approx $300K to upgrade all units ( down to sheetrock ) in the last 5 years. Each unit approx. 750 sqft 2/1. Almost everything is NEW ! Generating approx. $ 7100 a month plus coin laundry income. Expenses minimal at around $ 380 p/m. Covers utilities, water, trash. Private, gated interior courtyard. 4 units down stairs - 7 up.
Directions: West St just north of Tehama. Garden Court Apartments
Unit Type
5 or More: 1
Exterior
Other: 1
Parking
Carport: 1
On Street: 1
Miscellaneous
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Ownership
Seller: 1
Heating
Heat Pump: 1
Cooling
Central: 1
Available Terms
All Cash to Seller: 1
Owner Carry 1st: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
Cash: 1
Exchange: 1
Existing Rntl Terms
Month to Month: 1
Unit 1
Unit #: ALL
# Bedrooms: 2
# Baths: 1
SqFt: 750
Contract Information
Status: Closed
List Date: 2016-11-22
Sold Date: 2017-03-29
Under Contract Date: 2017-01-26
Sold Price: $683,000
Property Features
Unit Type: 5 or More
Exterior: Other
Parking: On Street; Carport; On Street
All Units Include: Air Conditioner
Heating: Heat Pump
Cooling: Central
Miscellaneous: Smoke Detectors
Ownership: Seller
Existing Rntl Terms: Month to Month
Available Terms: All Cash to Seller; Owner Carry 1st
Possession: Close of Escrow
Photo: Agent Upload
Selling Terms: Cash; Exchange
Supplements
Would make an excellent Senior project. Unit rents are low.
IDX
Listing Office: Domke Real Estate Professionals, Inc.
Co Office Name: Domke Real Estate Professionals, Inc.
Co Listing Agent: Mark Green
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.