Current Price:$965,000 List Date:10/10/2023Last Modified:8/31/2024
Description
Great location near transportation and shopping. Professionally managed and fully occupied. Two buildings, each with 4 units plus covered parking for 8 vehicles. Laundry facility on site.
100% occupied with current rents totaling $84600 annually.
Some recent upgrades.
Current Price: $965,000Type: Residential IncomeArea: 02 - NE ReddingList Price: 1100000Subdivision: N/AParcel Number: 071-340-018Lot Dim or Acres: 0.36 acreGP Zone: RED 10-20 u/a - 10-20 dwelling units per acreZoning: RED - RM - Multiple Family DistrictsStories: 2Year Built: 1989Year Built Desc: 20-30 Years
Remarks
Public Remarks: Great location near transportation and shopping. Professionally managed and fully occupied. Two buildings, each with 4 units plus covered parking for 8 vehicles. Laundry facility on site.
100% occupied with current rents totaling $84600 annually.
Some recent upgrades.Directions: Churn Creek to Lancers Ln. SW Corner of Lancers and Burton.
Unit #: A# Bedrooms: 2# Baths: 2Rent: 800Deposit: 850
Unit 2
Unit #: B# Bedrooms: 2# Baths: 2Rent: 800Deposit: 850
Unit 3
Unit #: C# Bedrooms: 2# Baths: 2Rent: 1075Deposit: 1275
Unit 4
Unit #: D# Bedrooms: 2# Baths: 2Rent: 850Deposit: 1025
Unit 5
Unit #: E# Bedrooms: 2# Baths: 2Rent: 850Deposit: 1000
Unit 6
Unit #: F# Bedrooms: 2# Baths: 2Rent: 800Deposit: 850
Unit 7
Unit #: GBed: 2Bath: 2Rent: 1075Deposit: 1275
Unit 8
Unit #: HBed: 2Bath: 2Rent: 800Deposit: 800
Property Features
Unit Type: 5 or More; ComplexExterior: StuccoParking: Assigned; Carport; On StreetUnit Description: 2 BedroomAll Units Include: Air Conditioner; Balcony/Deck; Cable; DrapesSome Units Include: RefrigeratorHeating: Forced AirCooling: CentralMiscellaneous: Lawn Sprinklers; Laundry in Complex; Smoke DetectorsOwnership: SellerTenant Expenses: Cable; Electric; GasExisting Rntl Terms: Month to MonthExpense Data Source: OwnerAvailable Terms: Cash; Cash to New LoanPossession: Close of EscrowSelling Terms: Cash
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