$1,900,000
Redding, CA 96003
MLS# 22-3804
Status: Closed
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Property Description
Great Investment Opportunity! Hard to find 11 door well cared for property with 5 duplexes and a 3 bed 2 bath 1,400 sq ft home! 2 units are 3bed 2 bath and there is a mix of 2/2 and 2/1.5 units. All units but one have had newer roofs put on within last 10 years. Several of the units have also had the HVAC units replaced along with updates to the interior. NET income of $84,000 per year!
Details
Maps
Address Information
Cross Street: Dana
Street Number: 1442-1452
Street Name: Victor Ave
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 2199000
Parcel Number: 071-260-066
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 1
Current Price: $1,900,000
Area: 01 - NW Redding
Subdivision: N/A
Remarks
Public Remarks: Great Investment Opportunity! Hard to find 11 door well cared for property with 5 duplexes and a 3 bed 2 bath 1,400 sq ft home! 2 units are 3bed 2 bath and there is a mix of 2/2 and 2/1.5 units. All units but one have had newer roofs put on within last 10 years. Several of the units have also had the HVAC units replaced along with updates to the interior. NET income of $84,000 per year!
Directions: Hwy 44 to Victor Ave
Unit Type
5 or More: 1
Exterior
Wood: 1
Other: 1
Parking
Assigned: 1
Garage: 1
Unit Description
2 Bedroom: 1
3 + Bedroom: 1
Miscellaneous
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Cable: 1
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Heating
Forced Air: 1
Cooling
Central: 1
Available Terms
Cash: 1
Cash to New Loan: 1
Submit: 1
Possession
Close of Escrow: 1
Selling Terms
Cash: 1
Exchange: 1
Tenant Expenses
Cable: 1
Electric: 1
Gas: 1
Water: 1
Existing Rntl Terms
Month to Month: 1
Contract Information
Status: Closed
List Date: 2022-07-29
Sold Date: 2022-09-26
Under Contract Date: 2022-08-26
Sold Price: $1,900,000
Property Features
Unit Type: 5 or More
Exterior: Wood; Other
Parking: Assigned; Assigned; Garage
Unit Description: 2 Bedroom; 3 + Bedroom
All Units Include: Air Conditioner; Cable; Washer/Dryer Hookups
Heating: Forced Air
Cooling: Central
Miscellaneous: Smoke Detectors
Ownership: Seller
Tenant Expenses: Cable; Electric; Gas; Water
Existing Rntl Terms: Month to Month
Available Terms: Cash; Cash to New Loan; Submit
Possession: Close of Escrow
Selling Terms: Cash; Exchange
IDX
Listing Office: eXp Realty of California, Inc.
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.