$745,000
Redding, CA 96001
MLS# 19-2302
Status: Closed
1 / 23
Property Description
8 units on 4 acres in nice established neighborhood. Beautiful setting w/large, mature shade trees and open space. Fully occupied w/low tenant turnover. Offering consists of 2 detached homes and 3 duplexes, all are 2/1's w/ approx. 800 sf. Units are separately metered w/tenants paying their own water, sewer, trash, electric. Gross income is $81,300/year. Rents could be increased w/work & updating.
Details
Maps
Address Information
Cross Street: Pioneer
Street Number: 5610
Street Name: Kofford Ln
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 750000
Parcel Number: 048-360-021-000
Lot Dim or Acres: 186,872
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 1
Current Price: $745,000
Area: 04 - SW Redding
Subdivision: N/A
Year Built: 1953
Remarks
Public Remarks: 8 units on 4 acres in nice established neighborhood. Beautiful setting w/large, mature shade trees and open space. Fully occupied w/low tenant turnover. Offering consists of 2 detached homes and 3 duplexes, all are 2/1's w/ approx. 800 sf. Units are separately metered w/tenants paying their own water, sewer, trash, electric. Gross income is $81,300/year. Rents could be increased w/work & updating.
Directions: South Bonneyview to East Bonneyview, to Pioneer to left on Kofford.
Unit Type
5 or More: 1
Exterior
Wood: 1
Parking
Off Street: 1
Unit Description
2 Bedroom: 1
Ownership
Owner RE Licensee: 1
Heating
Furnace Wall: 1
Cooling
Evaporative: 1
Available Terms
1031 Required: 1
All Cash to Seller: 1
Cash: 1
Owner Carry 1st: 1
Owner May Carry: 1
Submit: 1
Selling Terms
Cash: 1
Owner Expenses
Insurance: 1
Bldg/Grnds Mnt: 1
Bldg/Grnds Mnt $ Amt: 2000
Insurance $ Amount: 4271
Financial Info
Scheduled Income $: 81300
Tenant Expenses
Cable: 1
Electric: 1
Garbage: 1
Water: 1
Existing Rntl Terms
Month to Month: 1
Monthly: 1
Lease: 1
Written Lease: Yes
Deposit Held: 1
Contract Information
Status: Closed
List Date: 2019-05-03
Sold Date: 2019-05-28
Under Contract Date: 2019-05-08
Sold Price: $745,000
Property Features
Unit Type: 5 or More
Exterior: Wood
Parking: Off Street; Off Street
Unit Description: 2 Bedroom
Heating: Furnace Wall
Cooling: Evaporative
Ownership: Owner RE Licensee
Owner Expenses: Bldg/Grnds Mnt; Insurance
Tenant Expenses: Cable; Electric; Garbage; Water
Existing Rntl Terms: Month to Month; Monthly; Deposit Held
Available Terms: 1031 Required; All Cash to Seller; Cash; Owner Carry 1st; Owner May Carry; Submit
Selling Terms: Cash
IDX
Listing Office: Venture Properties
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.