1442-1452 Victor Ave, Redding, CA 96003
$1,900,000
Property Type:
Residential Income
Status:
Closed
Current Price:
$1,900,000
List Date:
7/29/2022
Last Modified:
8/31/2024
Description
Great Investment Opportunity! Hard to find 11 door well cared for property with 5 duplexes and a 3 bed 2 bath 1,400 sq ft home! 2 units are 3bed 2 bath and there is a mix of 2/2 and 2/1.5 units. All units but one have had newer roofs put on within last 10 years. Several of the units have also had the HVAC units replaced along with updates to the interior. NET income of $84,000 per year!
More Information MLS# 22-3804
Address Information
Street Number: 1442-1452
Street Name: Victor Ave
Cross Street: Dana
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Current Price: $1,900,000
Type: Residential Income
Area: 01 - NW Redding
List Price: 2199000
Subdivision: N/A
Parcel Number: 071-260-066
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Stories: 1
Year Built Desc: 30+
Remarks
Public Remarks: Great Investment Opportunity! Hard to find 11 door well cared for property with 5 duplexes and a 3 bed 2 bath 1,400 sq ft home! 2 units are 3bed 2 bath and there is a mix of 2/2 and 2/1.5 units. All units but one have had newer roofs put on within last 10 years. Several of the units have also had the HVAC units replaced along with updates to the interior. NET income of $84,000 per year!
Directions: Hwy 44 to Victor Ave
Contract Information
Status: Closed
List Date: 2022-07-29
Sold Date: 2022-09-26
Under Contract Date: 2022-08-26
Sold Price: $1,900,000
Property Features
Unit Type: 5 or More
Exterior: Wood; Other
Parking: Assigned; Garage
Unit Description: 2 Bedroom; 3 + Bedroom
All Units Include: Air Conditioner; Cable; Washer/Dryer Hookups
Heating: Forced Air
Cooling: Central
Miscellaneous: Smoke Detectors
Ownership: Seller
Tenant Expenses: Cable; Electric; Gas; Water
Existing Rntl Terms: Month to Month
Available Terms: Cash; Cash to New Loan; Submit
Possession: Close of Escrow
Selling Terms: Cash; Exchange
Listing Office: eXp Realty of California, Inc.
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.