Skip To Content

    4296 Clay St

    Redding, CA 96003
    • $2,599,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 21-2901
    UPDATED: 19 min ago
    $2,599,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    N/A
    Type:
    Multi-Family
    Built:
    1983
    County:

    School Ratings & Info

    Description

    Now is your rare chance to own a ''turn-key'' 18 Unit Investment Property Located in one of Redding's few 'Opportunity Zones'. True Pride of Ownership has gone into a complete renovation of 16 of the 18 units, Fresh Paint, Carpet, Tile Floors, Remodeled Kitchen with Upgraded Cabinets & Appliances. Each Unit has a ''townhouse'' layout with 2 large bedrooms + 1.5 bathrooms, private fenced yard, assigned covered parking & onsite coin-op laundry room. The Exterior has NEW Roofs, Upgraded Siding, Professional Landscaping with Upgraded Drainage Lines, New Concrete Driveway, Custom Awnings & All New Exterior Paint. At over $182,000 in Gross Annual Income this is a Great Property for the investor looking for Positive Cash Flow with excellent Upside Potential.

    Monthly Payment Calculator



    IDX information © 2021 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-07-30T19:59:15.09.

    Licensed in the State of California.
    www.realestateredding.com/homes/118557839
    Print Image

    4296 Clay St Redding, CA 96003

    • Price: $2,599,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: 21-2901
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1983
    Built
    Neighborhood:
    N/A
    County:
    Shasta
    Area:
    01 - NW Redding
    Property Description
    Now is your rare chance to own a ''turn-key'' 18 Unit Investment Property Located in one of Redding's few 'Opportunity Zones'. True Pride of Ownership has gone into a complete renovation of 16 of the 18 units, Fresh Paint, Carpet, Tile Floors, Remodeled Kitchen with Upgraded Cabinets & Appliances. Each Unit has a ''townhouse'' layout with 2 large bedrooms + 1.5 bathrooms, private fenced yard, assigned covered parking & onsite coin-op laundry room. The Exterior has NEW Roofs, Upgraded Siding, Professional Landscaping with Upgraded Drainage Lines, New Concrete Driveway, Custom Awnings & All New Exterior Paint. At over $182,000 in Gross Annual Income this is a Great Property for the investor looking for Positive Cash Flow with excellent Upside Potential.
    Exterior Features

    Lot Dim Or Acres 39159 Parking AssignedOff Street

    Interior Features

    All Units Include Air ConditionerCablePatio Cool Central Miscellaneous Laundry in Complex Unit Description 2 Bedroom

    Property Features

    Available Terms 1031 RequiredAll Cash To SellerCash To New Loan GPZone Not Available Owner Expenses GarbageManagementWater Ownership Seller Possession Close Of Escrow Tenant Expenses CableElectric Unit Type 5 Or More Year Built Description 30+ Zoning Not Available

    Listing provided courtesy of Nick Kerley of Realty 110, Inc..


    IDX information © 2021 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-07-30T19:59:15.09.

    Licensed in the State of California.
     
    https://bt-photos.global.ssl.fastly.net/shasta/1280_boomver_1_21-2901-2.jpg https://bt-photos.global.ssl.fastly.net/shasta/1280_boomver_1_21-2901-2.jpg https://bt-photos.global.ssl.fastly.net/shasta/1280_boomver_1_21-2901-2.jpg
    Logo
    Coldwell Banker C&C Properties
    2120 Churn Creek Rd.
    Redding CA, 96002