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716 West St

Redding, CA 96001
  • $1,275,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: 22-5290
UPDATED: 23 min ago
$1,275,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Description

Looking for a consistent CASH FLOW investment? This is a great property for the Investor looking for a cash flow like clockwork with minimal management! 11 Unit Apartment Complex with 10 (1+1's) and one 2+1 in Downtown Redding. The property is walking distance to the Sacramento River and all that the New Downtown Revitalization has to offer. Pride of ownership for over 30 years with special attention to maintaining the property and the units. All windows have been replaced with dual pane, all units have newer air conditioners and wall heaters, and a newer 'chip-sealed' driveway was recently completed. Most the tenants are long term and the buildings are 100% occupied. Gross Annual Income over $84,800.

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IDX information © 2022 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: 2022-12-09T18:04:29.477.

Licensed in the State of California.
www.realestateredding.com/homes/134478549
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716 West St Redding, CA 96001

  • Price: $1,275,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 23 min ago
  • ID#: 22-5290
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1938
Built
Neighborhood:
N/A
County:
Shasta
Area:
04 - SW Redding
Property Description
Looking for a consistent CASH FLOW investment? This is a great property for the Investor looking for a cash flow like clockwork with minimal management! 11 Unit Apartment Complex with 10 (1+1's) and one 2+1 in Downtown Redding. The property is walking distance to the Sacramento River and all that the New Downtown Revitalization has to offer. Pride of ownership for over 30 years with special attention to maintaining the property and the units. All windows have been replaced with dual pane, all units have newer air conditioners and wall heaters, and a newer 'chip-sealed' driveway was recently completed. Most the tenants are long term and the buildings are 100% occupied. Gross Annual Income over $84,800.
Exterior Features

Exterior Wood Lot Dim Or Acres 22074 Parking Off Street

Interior Features

Miscellaneous Laundry in Complex Unit Description 1 Bedroom2 Bedroom

Property Features

GPZone Not Available Ownership Seller Unit Type 5 Or More Year Built Description 30+ Zoning Not Available

Listing provided courtesy of Nick Kerley of Realty 110, Inc.: (530) 242-4114.


IDX information © 2022 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: 2022-12-09T18:04:29.477.

Licensed in the State of California.
 
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Coldwell Banker C&C Properties
2120 Churn Creek Rd.
Redding CA, 96002