5610 Kofford Ln, Redding, CA 96001
$745,000
Property Type:
Residential Income
Status:
Closed
Current Price:
$745,000
List Date:
5/03/2019
Last Modified:
8/31/2024
Description
8 units on 4 acres in nice established neighborhood. Beautiful setting w/large, mature shade trees and open space. Fully occupied w/low tenant turnover. Offering consists of 2 detached homes and 3 duplexes, all are 2/1's w/ approx. 800 sf. Units are separately metered w/tenants paying their own water, sewer, trash, electric. Gross income is $81,300/year. Rents could be increased w/work & updating.
More Information MLS# 19-2302
Address Information
Street Number: 5610
Street Name: Kofford Ln
Cross Street: Pioneer
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Current Price: $745,000
Type: Residential Income
Area: 04 - SW Redding
List Price: 750000
Subdivision: N/A
Parcel Number: 048-360-021-000
Lot Dim or Acres: 186,872
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Stories: 1
Year Built: 1953
Year Built Desc: 30+
Remarks
Public Remarks: 8 units on 4 acres in nice established neighborhood. Beautiful setting w/large, mature shade trees and open space. Fully occupied w/low tenant turnover. Offering consists of 2 detached homes and 3 duplexes, all are 2/1's w/ approx. 800 sf. Units are separately metered w/tenants paying their own water, sewer, trash, electric. Gross income is $81,300/year. Rents could be increased w/work & updating.
Directions: South Bonneyview to East Bonneyview, to Pioneer to left on Kofford.
Contract Information
Status: Closed
List Date: 2019-05-03
Sold Date: 2019-05-28
Under Contract Date: 2019-05-08
Sold Price: $745,000
Owner Expenses
Bldg/Grnds Mnt $ Amt: 2000
Insurance $ Amount: 4271
Existing Rntl Terms
Lease: 1
Written Lease: Yes
Financial Info
Scheduled Income $: 81300
Property Features
Unit Type: 5 or More
Exterior: Wood
Parking: Off Street
Unit Description: 2 Bedroom
Heating: Furnace Wall
Cooling: Evaporative
Ownership: Owner RE Licensee
Owner Expenses: Bldg/Grnds Mnt; Insurance
Tenant Expenses: Cable; Electric; Garbage; Water
Existing Rntl Terms: Month to Month; Monthly; Deposit Held
Available Terms: 1031 Required; All Cash to Seller; Cash; Owner Carry 1st; Owner May Carry; Submit
Selling Terms: Cash
Listing Office: Venture Properties
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.