$550,000
Redding, CA 96001
MLS# 18-6909
Status: Closed
1 / 10
Property Description
Two separate parcels that owner wants to sell together. Small house at 2350 Butte rents for $650/month. 10-plex at 2338 Butte current monthly income is $4,800 (one unit is vacant). Good investment potential. Several units are below fair market rent due to long term tenants. There is a coin-op laundry room on site that provides additional income. Units are 1 bed, 1 bath and nice sized.
Details
Maps
Address Information
Cross Street: Orange
Street Number: 2338 &2350
Street Name: Butte Street
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 650000
Parcel Number: 105-170-007 & 008
Lot Dim or Acres: 16,058
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 01-05 Years
Stories: 2
Current Price: $550,000
Area: 01 - NW Redding
Subdivision: N/A
Remarks
Public Remarks: Two separate parcels that owner wants to sell together. Small house at 2350 Butte rents for $650/month. 10-plex at 2338 Butte current monthly income is $4,800 (one unit is vacant). Good investment potential. Several units are below fair market rent due to long term tenants. There is a coin-op laundry room on site that provides additional income. Units are 1 bed, 1 bath and nice sized.
Directions: Placer to Orange to Butte
Unit Type
5 or More: 1
Exterior
Stucco: 1
Parking
Off Street: 1
On Street: 1
Unit Description
1 Bedroom: 1
Miscellaneous
Laundry in Complex: 1
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Refrigerator: 1
Some Units Include
Balcony/Deck: 1
Ownership
Seller: 1
Heating
Electric: 1
Cooling
Window: 1
Available Terms
Cash to New Loan: 1
Expense Data Source
Owner: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
Conventional: 1
Owner Expenses
Insurance: 1
Water: 1
Garbage: 1
Management: 1
Sewer: 1
Real Estate Tax: 1
Tenant Expenses
Cable: 1
Electric: 1
Contract Information
Status: Closed
List Date: 2018-12-26
Sold Date: 2019-02-28
Under Contract Date: 2018-12-30
Sold Price: $550,000
Property Features
Unit Type: 5 or More
Exterior: Stucco
Parking: Off Street; On Street; Off Street; On Street
Unit Description: 1 Bedroom
All Units Include: Air Conditioner; Refrigerator
Some Units Include: Balcony/Deck
Heating: Electric
Cooling: Window
Miscellaneous: Laundry in Complex; Smoke Detectors
Ownership: Seller
Owner Expenses: Garbage; Insurance; Management; Real Estate Tax; Sewer; Water
Tenant Expenses: Cable; Electric
Expense Data Source: Owner
Available Terms: Cash to New Loan
Possession: Close of Escrow
Photo: Agent Upload
Selling Terms: Conventional
IDX
Listing Office: J KNOX REALTY
Co Office Name: Real Estate Solutions
Co Listing Agent: Allyne Riley
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.