$725,000
Redding, CA 96003
MLS# 21-5478
Status: Closed

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Property Description
6-Unit Multiplex opportunity consisting of three duplexes. Conveniently located 5-minutes from Shasta College, Simpson University and Bethel School. Occupancy is full and with standard rent increases. $64,800 gross annual rents.
Details
Maps
Address Information
Cross Street: Northpoint
Street Number: 415
Street Name: Lake Blvd
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 765000
Parcel Number: 113-230-035
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 1
Current Price: $725,000
Area: 01 - NW Redding
Subdivision: N/A
Remarks
Public Remarks: 6-Unit Multiplex opportunity consisting of three duplexes. Conveniently located 5-minutes from Shasta College, Simpson University and Bethel School. Occupancy is full and with standard rent increases. $64,800 gross annual rents.
Directions: West on Lake Blvd past CVS Pharmacy, two blocks on right.
Unit Type
5 or More: 1
Parking
Off Street: 1
Unit Description
2 Bedroom: 1
3 + Bedroom: 1
All Units Include
Refrigerator: 1
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Heating
Electric: 1
Cooling
Evaporative: 1
Selling Terms
Cash: 1
Unit 1
Unit #: A
# Bedrooms: 2
# Baths: 1
Rent: 800
Unit 2
Unit #: B
# Bedrooms: 2
# Baths: 1
Rent: 900
Unit 3
Unit #: C
# Bedrooms: 2
# Baths: 1
Rent: 900
Unit 4
Unit #: D
# Bedrooms: 2
# Baths: 1
Rent: 800
Unit 5
Unit #: E
# Bedrooms: 2
# Baths: 1
Rent: 1000
Unit 6
Unit #: F
# Bedrooms: 3
# Baths: 2
Rent: 1000
Contract Information
Status: Closed
List Date: 2021-11-19
Sold Date: 2022-01-20
Under Contract Date: 2021-11-23
Sold Price: $725,000
Property Features
Unit Type: 5 or More
Parking: Off Street; Off Street
Unit Description: 2 Bedroom; 3 + Bedroom
All Units Include: Refrigerator; Washer/Dryer Hookups
Heating: Electric
Cooling: Evaporative
Ownership: Seller
Selling Terms: Cash
IDX
Listing Office: Venture Properties
Co Office Name: Venture Properties
Co Listing Agent: Deanna Pewitt
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.