Current Price:$950,000 List Date:4/16/2021Last Modified:8/31/2024
Description
**SELLER WILL INSTALL 2 BRAND NEW ROOFS with an acceptable offer!! 8 Unit Apartment Complex! Current Annual Gross income is over $87,000 with a 6% CAP! NEW coin-op laundry room just added. Rents are scheduled to increase in April 2021. Each building can qualify for 30yr Fixed, Low Interest Financing! Located in central Redding, close to shopping, dining, schools and parks. Each unit has a ''townhouse'' style layout with 2 Large Bedrooms + a full bathroom upstairs and Kitchen, Living-room & private Patio downstairs. These buildings have been well maintained with 7 of the units have been upgraded with New Luxury Vinyl Flooring, New Paint & New Stainless Steel Appliances. 3 Newer HVAC units. There is ample off street parking with covered car ports for each unit. Call Today!
Current Price: $950,000Type: Residential IncomeArea: 02 - NE ReddingList Price: 1085000Subdivision: N/AParcel Number: 067-430-004-000Lot Dim or Acres: 11,761GP Zone: NOT AVAILABLEZoning: NOT AVAILABLEStories: 1Year Built: 1978Year Built Desc: 30+
Remarks
Public Remarks: **SELLER WILL INSTALL 2 BRAND NEW ROOFS with an acceptable offer!! 8 Unit Apartment Complex! Current Annual Gross income is over $87,000 with a 6% CAP! NEW coin-op laundry room just added. Rents are scheduled to increase in April 2021. Each building can qualify for 30yr Fixed, Low Interest Financing! Located in central Redding, close to shopping, dining, schools and parks. Each unit has a ''townhouse'' style layout with 2 Large Bedrooms + a full bathroom upstairs and Kitchen, Living-room & private Patio downstairs. These buildings have been well maintained with 7 of the units have been upgraded with New Luxury Vinyl Flooring, New Paint & New Stainless Steel Appliances. 3 Newer HVAC units. There is ample off street parking with covered car ports for each unit. Call Today!Directions: Hartnell to Alfreda to Wurch Way.
Unit #: A# Bedrooms: 2# Baths: 1.5Rent: 900SqFt: 1100
Unit 2
Unit #: B# Bedrooms: 2# Baths: 1.5Rent: 900SqFt: 1100
Unit 3
Unit #: C# Bedrooms: 2# Baths: 1.5Rent: 840SqFt: 1100
Unit 4
Unit #: D# Bedrooms: 2# Baths: 1.5Rent: 900SqFt: 1100
Unit 5
Unit #: E# Bedrooms: 2# Baths: 1.5Rent: 900SqFt: 1100
Unit 6
Unit #: F# Bedrooms: 2# Baths: 1.5Rent: 900SqFt: 1100
Unit 7
Unit #: GBed: 2Bath: 1.5Rent: 900SqFt: 1100
Unit 8
Unit #: HBed: 2Bath: 1.5Rent: 900SqFt: 1100
Property Features
Unit Type: 5 or MoreParking: Carport; Guest; Off StreetUnit Description: 2 BedroomAll Units Include: Air Conditioner; Cable; PatioHeating: Forced AirCooling: CentralOwnership: SellerSelling Terms: Cash
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