1020-1032 Gilbert St, Redding, CA 96001
$1,100,000
Property Type:
Residential Income
Status:
Closed
Current Price:
$1,100,000
List Date:
3/22/2019
Last Modified:
10/15/2024
Description
Residential income property with gorgeous views of the Sacramento river, includes 2 parcels (5 2bed/2bath apts along the river, a 3/2 single family home w/ basement, and a 2/1 carriage house, shared driveway--7 units total). With Redding's downtown revitalization in action, you won't want to miss out on this investment opportunity! Gross income of $92,940 per year (current rent is low).
More Information MLS# 19-1313
Address Information
Street Number: 1020-1032
Street Name: Gilbert St
Cross Street: Trinity
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Current Price: $1,100,000
Type: Residential Income
Area: 01 - NW Redding
List Price: 1200000
Subdivision: N/A
Parcel Number: 101-420-023-000, 101-420-024-000
Lot Dim or Acres: 16,988
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Stories: 2
Year Built: 1977
Year Built Desc: 30+
Remarks
Public Remarks: Residential income property with gorgeous views of the Sacramento river, includes 2 parcels (5 2bed/2bath apts along the river, a 3/2 single family home w/ basement, and a 2/1 carriage house, shared driveway--7 units total). With Redding's downtown revitalization in action, you won't want to miss out on this investment opportunity! Gross income of $92,940 per year (current rent is low).
Directions: North on N. Market Street, right on Trinity, left on Gilbert
Contract Information
Status: Closed
List Date: 2019-03-20
Sold Date: 2019-05-10
Under Contract Date: 2019-03-26
Sold Price: $1,100,000
Parking
# Spaces Garage: 5
Heating
Gas: Natural
Unit 1
Unit #: 1
# Bedrooms: 2
# Baths: 2
Rent: 1100
Parking: 1 car garage
Stories: 2
Remarks: Fireplace
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 2
Rent: 1200
Parking: 1 car garage
Stories: 2
Unit 3
Unit #: 3
# Bedrooms: 2
# Baths: 2
Rent: 1045
Parking: 1 car garage
Stories: 2
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 2
Rent: 1200
Parking: 1 car garage
Stories: 2
Unit 5
Unit #: 5
# Bedrooms: 2
# Baths: 2
Rent: 1200
Parking: 1 car garage
Stories: 1
Remarks: Unit is above garage
Unit 6
Unit #: 1030
# Bedrooms: 3
# Baths: 2
Rent: 1200
Parking: Lot
Stories: 1
Remarks: Basement
Unit 7
Unit #: 1032
Bed: 2
Bath: 1
Parking: Lot
Stories: 1
Remarks: Unit in back
Property Features
Unit Type: 5 or More
Exterior: Wood
Unit Description: 1 Bedroom; 2 Bedroom; 3 + Bedroom
All Units Include: Air Conditioner; Balcony/Deck; Refrigerator; Storage; Washer/Dryer; Washer/Dryer Hookups
Some Units Include: Fireplace; View
Heating: Forced Air
Cooling: Central
Miscellaneous: Lawn Sprinklers; Smoke Detectors
Ownership: Seller
Owner Expenses: Sewer
Tenant Expenses: Electric
Existing Rntl Terms: Month to Month
Available Terms: 1031 Required
Possession: Close of Escrow
Photo: On File
Selling Terms: Conventional
Listing Office: Shasta Sotheby's International Realty
Last Updated: October - 15 - 2024
Information deemed reliable but not guaranteed.