2925 East Way, Redding, CA 96002

$999,000
Property Type: Residential Income Status: Closed
Current Price: $999,000 List Date: 6/16/2021 Last Modified: 11/01/2024

Description

Successful Apartment Complex in a Nice Location of East Redding with quick access to stores, schools, transportation, parks & more! Consisting of 8 single story units, each features 2 bedrooms + 1 bathroom, interior laundry, open floor plan, central AC & Heating, carport with storage locker and private backyard. Currently producing over $78,000 in gross annual income! 6 of the 8 HVAC units are newer, all the bathrooms in each unit have newer tile floors, and all the units have updated cabinets or countertops or appliances. The Savvy Investor will easily see the incredible amount of potential in this property to increase income, minimize maintenance and take advantage of attractive financing options. Please Do Not Disturb the Tenants. CALL FOR MORE INFO!

More Information MLS# 21-1759

Address Information

Street Number: 2925 Street Name: East Way Cross Street: Hartnell Ave State/Province: CA Postal Code: 96002 County: Shasta

Property Description

Current Price: $999,000 Type: Residential Income Area: 02 - NE Redding List Price: 999995 Subdivision: N/A Parcel Number: 067-330-054-000 Lot Dim or Acres: 15,576 GP Zone: NOT AVAILABLE Zoning: NOT AVAILABLE Stories: 1 Year Built Desc: 30+

Remarks

Public Remarks: Successful Apartment Complex in a Nice Location of East Redding with quick access to stores, schools, transportation, parks & more! Consisting of 8 single story units, each features 2 bedrooms + 1 bathroom, interior laundry, open floor plan, central AC & Heating, carport with storage locker and private backyard. Currently producing over $78,000 in gross annual income! 6 of the 8 HVAC units are newer, all the bathrooms in each unit have newer tile floors, and all the units have updated cabinets or countertops or appliances. The Savvy Investor will easily see the incredible amount of potential in this property to increase income, minimize maintenance and take advantage of attractive financing options. Please Do Not Disturb the Tenants. CALL FOR MORE INFO! Directions: Take CA-44 E/Tehama St. Take exit 3 for Victor Ave. Turn right on onto Victor Ave. Turn left onto Hartnell Ave. Turn left onto East Way. Destination is on the right.

Contract Information

Status: Closed List Date: 2021-04-21 Sold Date: 2021-07-07 Under Contract Date: 2021-07-01 Sold Price: $999,000

Parking

# Spaces Carport: 8

Property Features

Unit Type: 5 or More Parking: Assigned; Off Street; On Street Unit Description: 2 Bedroom All Units Include: Air Conditioner; Cable; Patio; Washer/Dryer Hookups Heating: Forced Air Cooling: Central Selling Terms: Conventional
Listing Office: Realty 110, Inc.
Last Updated: November - 01 - 2024
2925 East Way, Redding, CA 96002- MLS# 21-1759
Information deemed reliable but not guaranteed.

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