$1,090,000
5203+ Elm Ln/Nicolet Ln.
Redding, CA 96001
MLS# 22-2518
Status: Closed



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Property Description
11 total units (5 duplexes & 1 home) on 2 AP#s totaling 1.72 acres. Long term tenants in most of the units. Do not disturb tenants. In addition to the 11 units, there is a detached double car garage that makes an ideal storage area for owners/management needs. Units are on City of Redding water, electrical, natural gas and septic systems. Each unit has 1.5 bathrooms. Both parcels will be sold together. Seller is selling ''as-is'' subject to buyer's approval of inspections. One duplex (5203/5205 Elm) is vacant and easy to view. It is the last property at the end of Elm on the right.

Details
Maps
Address Information
Cross Street: Nicolet Lane
Street Number: 5203+
Street Name: Elm Ln/Nicolet Ln.
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 1150000
Parcel Number: 048-300-014 & 019
Lot Dim or Acres: 1.72 acres
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 1
Current Price: $1,090,000
Area: 04 - SW Redding
Subdivision: N/A
Year Built: 1963
Remarks
Public Remarks: 11 total units (5 duplexes & 1 home) on 2 AP#s totaling 1.72 acres. Long term tenants in most of the units. Do not disturb tenants. In addition to the 11 units, there is a detached double car garage that makes an ideal storage area for owners/management needs. Units are on City of Redding water, electrical, natural gas and septic systems. Each unit has 1.5 bathrooms. Both parcels will be sold together. Seller is selling ''as-is'' subject to buyer's approval of inspections. One duplex (5203/5205 Elm) is vacant and easy to view. It is the last property at the end of Elm on the right.
Directions: Properties are on the northeast corner of Nicolet Lane and Elm Lane.
Unit Type
5 or More: 1
Complex: 1
Duplex: 1
Exterior
Stucco: 1
Wood: 1
Parking
Carport: 1
Unit Description
2 Bedroom: 1
3 + Bedroom: 1
Miscellaneous
Smoke Detectors: 1
All Units Include
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Heating
Gas: Natural
Cooling
Evaporative: 1
Available Terms
All Cash to Seller: 1
Possession
Arrange: 1
Selling Terms
Cash: 1
Unit 1
Unit #: 5201 Elm
# Bedrooms: 2
# Baths: 1.5
Rent: 500
Deposit: 25
Stories: 1
Unit 2
Unit #: 5203 Elm
# Bedrooms: 2
# Baths: 1.5
Stories: 1
Remarks: vacant
Unit 3
Unit #: 5205 Elm
# Bedrooms: 2
# Baths: 1.5
Remarks: vacant
Unit 4
Unit #: 5207 Elm
# Bedrooms: 3
# Baths: 1.5
Rent: 800
Deposit: 950
Stories: 1
Unit 5
Unit #: 5209 Elm
# Bedrooms: 3
# Baths: 1.5
Rent: 650
Deposit: 250
Stories: 1
Unit 6
Unit #: 5295 Elm
# Bedrooms: 2
# Baths: 1.5
Rent: 500
Deposit: 200
Stories: 1
Unit 7
Unit #: 5297
Bed: 2
Bath: 1.5
Rent: 510
Deposit: 0
Unit 8
Unit #: 3448 Nicolet
Bed: 2
Bath: 1.5
Rent: 750
Deposit: 1400
Stories: 1
Contract Information
Status: Closed
List Date: 2022-05-19
Sold Date: 2022-07-31
Under Contract Date: 2022-05-23
Sold Price: $1,090,000
Property Features
Unit Type: 5 or More; Complex; Duplex
Exterior: Stucco; Wood
Parking: Carport
Unit Description: 2 Bedroom; 3 + Bedroom
All Units Include: Washer/Dryer Hookups
Cooling: Evaporative
Miscellaneous: Smoke Detectors
Ownership: Seller
Available Terms: All Cash to Seller
Possession: Arrange
Selling Terms: Cash

IDX
Listing Office: House of Realty

Co Office Name: House of Realty

Co Listing Agent: Bruce Middleton

Last Updated: August - 31 - 2024

Information deemed reliable but not guaranteed.