$750,000
Redding, CA 96001
MLS# 20-4676
Status: Closed
1 / 21
Property Description
Are you looking for Great Cash Flow with low landlord expenses? The El Reno Cottages Property offers: 8 Houses on 1 Lot with recent renovations inside and out of each home. Currently Fully Occupied and providing a steady Cash Flow with over $78,000 in gross annual income. All the houses have Newer Roofs, Some Siding, Fresh Exterior Paint, Upgraded Interiors, Dual Pane Windows, Low Maintenance Landscaping & more! Tenants appreciate the convenient location and quick access to stores, shops, schools, parks & transportation. Call Today for More Details on Income, Expenses & Financing.
Details
Maps
Address Information
Cross Street: Westside Rd.
Street Number: 2230
Street Name: El Reno Ln
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 799000
Parcel Number: 108-100-006-000
Lot Dim or Acres: 22,216
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: Unknown
Stories: 1
Current Price: $750,000
Area: 01 - NW Redding
Subdivision: N/A
Remarks
Public Remarks: Are you looking for Great Cash Flow with low landlord expenses? The El Reno Cottages Property offers: 8 Houses on 1 Lot with recent renovations inside and out of each home. Currently Fully Occupied and providing a steady Cash Flow with over $78,000 in gross annual income. All the houses have Newer Roofs, Some Siding, Fresh Exterior Paint, Upgraded Interiors, Dual Pane Windows, Low Maintenance Landscaping & more! Tenants appreciate the convenient location and quick access to stores, shops, schools, parks & transportation. Call Today for More Details on Income, Expenses & Financing.
Directions: Westside Road to El Reno (Turn West)
Unit Type
5 or More: 1
Parking
Assigned: 1
Off Street: 1
Unit Description
1 Bedroom: 1
2 Bedroom: 1
3 + Bedroom: 1
Studio: 1
All Units Include
Air Conditioner: 1
Ownership
Seller: 1
Heating
Baseboard: 1
Furnace Wall: 1
Cooling
Evaporative: 1
Available Terms
All Cash to Seller: 1
Cash to New Loan: 1
Possession
Close of Escrow: 1
Selling Terms
New Loan: 1
Existing Rntl Terms
Month to Month: 1
Unit 1
Unit #: 2210
# Bedrooms: 3
# Baths: 1
Rent: 1200
Unit 2
Unit #: 2212
# Bedrooms: 2
# Baths: 1
Rent: 850
Unit 3
Unit #: 2220
# Bedrooms: 3
# Baths: 1
Rent: 1000
Unit 4
Unit #: 2226
# Baths: 1
Rent: 650
Unit 5
Unit #: 2230
# Bedrooms: 1
# Baths: 1
Rent: 800
Unit 6
Unit #: 2236
# Bedrooms: 0
# Baths: 1
Rent: 600
Unit 7
Unit #: 2240
Bed: 1
Bath: 1
Rent: 800
Unit 8
Unit #: 2246
Bed: 0
Bath: 1
Rent: 675
Contract Information
Status: Closed
List Date: 2020-09-23
Sold Date: 2021-02-16
Under Contract Date: 2020-12-05
Sold Price: $750,000
Property Features
Unit Type: 5 or More
Parking: Assigned; Assigned; Off Street; Off Street
Unit Description: 1 Bedroom; 2 Bedroom; 3 + Bedroom; Studio
All Units Include: Air Conditioner
Heating: Baseboard; Furnace Wall
Cooling: Evaporative
Ownership: Seller
Existing Rntl Terms: Month to Month
Available Terms: All Cash to Seller; Cash to New Loan
Possession: Close of Escrow
Selling Terms: New Loan
IDX
Listing Office: Realty 110, Inc.
Last Updated: November - 01 - 2024
Information deemed reliable but not guaranteed.