3717 Saint Nicholas, Redding, CA 96003
$740,000
Property Type:
Residential Income
Status:
Closed
Current Price:
$740,000
List Date:
9/18/2023
Last Modified:
4/22/2025
Description
Here is a chance to buy an investment with a lot of upside potential. The owner had the property built and has owned it since completion. Well maintained and managed by the owner. Very convenient location. These are large (650sqft) 1 bedroom, with walk-in closet, one bath units. Each unit has a refrigerator, electric stove & dishwasher. Long term tenants equals upside rents.
More Information MLS# 23-3754
Address Information
Street Number: 3717
Street Name: Saint Nicholas
Cross Street: Lake Blvd
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Current Price: $740,000
Type: Residential Income
Area: 01 - NW Redding
List Price: 749000
Subdivision: N/A
Parcel Number: 113-080-003-000
Lot Dim or Acres: 13,475
GP Zone: RED 10-20 u/a - 10-20 dwelling units per acre
Zoning: RED - RM - Multiple Family Districts
Stories: 2
Year Built: 1976
Year Built Desc: 01-05 Years
Remarks
Public Remarks: Here is a chance to buy an investment with a lot of upside potential. The owner had the property built and has owned it since completion. Well maintained and managed by the owner. Very convenient location. These are large (650sqft) 1 bedroom, with walk-in closet, one bath units. Each unit has a refrigerator, electric stove & dishwasher. Long term tenants equals upside rents.
Directions: Hilltop to left on Lake Blvd to Right on St Nicholas. Property on the corner of Lake and St Nicholas.
Contract Information
Status: Closed
List Date: 2023-09-16
Sold Date: 2023-11-30
Under Contract Date: 2023-09-26
Sold Price: $740,000
Unit 1
Unit #: 1
# Bedrooms: 1
# Baths: 1
Rent: 600
SqFt: 650
Parking: 1
Unit 2
Unit #: 2
# Bedrooms: 1
# Baths: 1
Rent: 700
SqFt: 650
Parking: 1
Unit 3
Unit #: 3
# Bedrooms: 1
# Baths: 1
Rent: 450
SqFt: 650
Parking: 1
Unit 4
Unit #: 4
# Bedrooms: 1
# Baths: 1
SqFt: 650
Parking: 1
Remarks: Market rent $800-850
Unit 5
Unit #: 5
# Bedrooms: 1
# Baths: 1
Rent: 700
SqFt: 650
Parking: 1
Unit 6
Unit #: 6
# Bedrooms: 1
# Baths: 1
Rent: 600
SqFt: 650
Parking: 1
Unit 7
Unit #: 7
Bed: 1
Bath: 1
Rent: 313.5
SqFt: 650
Parking: 1
Unit 8
Unit #: 8
Bed: 1
Bath: 1
Rent: 700
SqFt: 650
Parking: 1
Property Features
Unit Type: 5 or More
Sub Zoning: Conforming
Exterior: Wood
Parking: Guest; Not Assigned; Off Street
Unit Description: 1 Bedroom
All Units Include: Air Conditioner; Cable; Refrigerator
Heating: Electric
Cooling: Window
Miscellaneous: Smoke Detectors
Ownership: Seller
Owner Expenses: Advertisement; Bldg/Grnds Mnt; Garbage; Insurance; Water
Tenant Expenses: Cable; Electric
Existing Rntl Terms: Month to Month
Expense Data Source: Owner
Available Terms: Cash; Cash to New Loan
Possession: Close of Escrow
Photo: Agent Upload
Selling Terms: Cash
Listing Office: Coldwell Banker C&C Properties
Last Updated: April - 22 - 2025
Information deemed reliable but not guaranteed.