$999,000
Redding, CA 96002
MLS# 21-1759
Status: Closed
1 / 19
Property Description
Successful Apartment Complex in a Nice Location of East Redding with quick access to stores, schools, transportation, parks & more! Consisting of 8 single story units, each features 2 bedrooms + 1 bathroom, interior laundry, open floor plan, central AC & Heating, carport with storage locker and private backyard. Currently producing over $78,000 in gross annual income! 6 of the 8 HVAC units are newer, all the bathrooms in each unit have newer tile floors, and all the units have updated cabinets or countertops or appliances. The Savvy Investor will easily see the incredible amount of potential in this property to increase income, minimize maintenance and take advantage of attractive financing options. Please Do Not Disturb the Tenants. CALL FOR MORE INFO!
Details
Maps
Address Information
Cross Street: Hartnell Ave
Street Number: 2925
Street Name: East Way
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 999995
Parcel Number: 067-330-054-000
Lot Dim or Acres: 15,576
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 1
Current Price: $999,000
Area: 02 - NE Redding
Subdivision: N/A
Remarks
Public Remarks: Successful Apartment Complex in a Nice Location of East Redding with quick access to stores, schools, transportation, parks & more! Consisting of 8 single story units, each features 2 bedrooms + 1 bathroom, interior laundry, open floor plan, central AC & Heating, carport with storage locker and private backyard. Currently producing over $78,000 in gross annual income! 6 of the 8 HVAC units are newer, all the bathrooms in each unit have newer tile floors, and all the units have updated cabinets or countertops or appliances. The Savvy Investor will easily see the incredible amount of potential in this property to increase income, minimize maintenance and take advantage of attractive financing options. Please Do Not Disturb the Tenants. CALL FOR MORE INFO!
Directions: Take CA-44 E/Tehama St. Take exit 3 for Victor Ave. Turn right on onto Victor Ave. Turn left onto Hartnell Ave. Turn left onto East Way. Destination is on the right.
Unit Type
5 or More: 1
Parking
Assigned: 1
# Spaces Carport: 8
Off Street: 1
On Street: 1
Unit Description
2 Bedroom: 1
All Units Include
Air Conditioner: 1
Cable: 1
Patio: 1
Washer/Dryer Hookups: 1
Heating
Forced Air: 1
Cooling
Central: 1
Selling Terms
Conventional: 1
Contract Information
Status: Closed
List Date: 2021-04-21
Sold Date: 2021-07-07
Under Contract Date: 2021-07-01
Sold Price: $999,000
Property Features
Unit Type: 5 or More
Parking: Assigned; Assigned; Off Street; On Street; Off Street; On Street
Unit Description: 2 Bedroom
All Units Include: Air Conditioner; Cable; Patio; Washer/Dryer Hookups
Heating: Forced Air
Cooling: Central
Selling Terms: Conventional
IDX
Listing Office: Realty 110, Inc.
Last Updated: November - 01 - 2024
Information deemed reliable but not guaranteed.