Current Price:$795,000 List Date:12/17/2024Last Modified:5/09/2025
Description
Rare Investment Opportunity - Stunning Fourplex in Prime Location!
Nestled in one of the most desirable locations in town, this beautifully maintained fourplex offers convenience, comfort, and unmatched mountain views. Just minutes from shopping, dining, and essential services, this property is a true gem for investors and homeowners alike. Each of the four units boasts a townhouse-style floor plan with thoughtful design and functionality. The floor plans all feature two spacious bedrooms and a full bathroom upstairs, while the downstairs area offers an open-concept layout with a kitchen that has ample storage, a large living room, a dining area, and a convenient half bathroom. The units also includes an attached one-car garage for added convenience plus washer/dryer hook-ups. Scenic views of the surrounding mountains can be enjoyed from every angle.
This property exudes pride of ownership, as it has been meticulously maintained by the original owners, with consistent upkeep and improvements over the years. The immaculate condition and attention to detail set this building apart. Properties like this rarely come to market, making it an exceptional opportunity to own a turnkey fourplex in a prime location with HUGE Upside on Rents and a proven track record of care and maintenance.
Current Price: $795,000Type: Residential IncomeArea: 02 - NE ReddingList Price: 889000Subdivision: N/AParcel Number: 071-340-034-000Lot Dim or Acres: 0.28GP Zone: NOT AVAILABLEZoning: NOT AVAILABLEStories: 2Year Built: 1991Year Built Desc: 30+
Remarks
Public Remarks: Rare Investment Opportunity - Stunning Fourplex in Prime Location!
Nestled in one of the most desirable locations in town, this beautifully maintained fourplex offers convenience, comfort, and unmatched mountain views. Just minutes from shopping, dining, and essential services, this property is a true gem for investors and homeowners alike. Each of the four units boasts a townhouse-style floor plan with thoughtful design and functionality. The floor plans all feature two spacious bedrooms and a full bathroom upstairs, while the downstairs area offers an open-concept layout with a kitchen that has ample storage, a large living room, a dining area, and a convenient half bathroom. The units also includes an attached one-car garage for added convenience plus washer/dryer hook-ups. Scenic views of the surrounding mountains can be enjoyed from every angle.
This property exudes pride of ownership, as it has been meticulously maintained by the original owners, with consistent upkeep and improvements over the years. The immaculate condition and attention to detail set this building apart. Properties like this rarely come to market, making it an exceptional opportunity to own a turnkey fourplex in a prime location with HUGE Upside on Rents and a proven track record of care and maintenance.Directions: Churn Creek Road. Right onto Lancers Lane. Left onto Burton Court. Property is on the left.
Unit #: 1# Bedrooms: 2# Baths: 1.5Rent: 1250Deposit: 1250Parking: 1 CarAttached GarageStories: 2Remarks: Month to Month
Unit 2
Unit #: 2# Bedrooms: 2# Baths: 1.5Rent: 950Deposit: 650Parking: 1 CarAttached GarageStories: 2Remarks: Month to Month
Unit 3
Unit #: 3# Bedrooms: 2# Baths: 1.5Rent: 975Deposit: 1000Parking: 1 CarAttached GarageStories: 2Remarks: Month to Month
Unit 4
Unit #: 4# Bedrooms: 2# Baths: 1.5Rent: 1265Deposit: 1265Parking: 1 CarAttached GarageStories: 2Remarks: Month to Month
Property Features
Unit Type: Four PlexExterior: StuccoParking: Guest; Off Street; On StreetUnit Description: 2 BedroomAll Units Include: Air Conditioner; Patio; Washer/Dryer HookupsHeating: Forced AirCooling: CentralOwnership: SellerOwner Expenses: Garbage; WaterTenant Expenses: Cable; Electric; GasExisting Rntl Terms: Month to Month; Deposit HeldAvailable Terms: All Cash to Seller; Cash to New LoanPossession: Arrange; Close of Escrow; LeaseSelling Terms: Cash
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