608 Marijean Way, Redding, CA 96003

$720,000
Property Type: Residential Income Status: Closed
Current Price: $720,000 List Date: 9/26/2024 Last Modified: 12/17/2024

Description

Rare Opportunity to own a Class A 4-Plex! Situated in a prime location in Redding, this property is close to shopping, dining, the river trail, parks, highways, and the I-5 freeway. By Redding standards, it is considered a newer multi-family building. The property features like stucco construction, dual-pane windows, high-quality cabinets, tile floors & countertops, indoor full-size laundry, and attached 1-car garages. Each unit offers a townhouse-style layout with two spacious bedrooms and a full bathroom upstairs, along with an open kitchen concept & 1/2 bath downstairs. The property has been impeccably maintained inside and out, providing steady cash flow with significant potential for rent increases. Opportunities like this only come around a about once every decade—don't miss out!

More Information MLS# 24-4161

Address Information

Street Number: 608 Street Name: Marijean Cross Street: Redwood Blvd. Street Suffix: Way State/Province: CA Postal Code: 96003 County: Shasta

Property Description

Current Price: $720,000 Type: Residential Income Area: 01 - NW Redding List Price: 779000 Subdivision: N/A Parcel Number: 113-380-005-000 Lot Dim or Acres: 0.7 Acres GP Zone: NOT AVAILABLE Zoning: NOT AVAILABLE Stories: 2 Year Built: 2006 Year Built Desc: 10-20 Years

Remarks

Public Remarks: Rare Opportunity to own a Class A 4-Plex! Situated in a prime location in Redding, this property is close to shopping, dining, the river trail, parks, highways, and the I-5 freeway. By Redding standards, it is considered a newer multi-family building. The property features like stucco construction, dual-pane windows, high-quality cabinets, tile floors & countertops, indoor full-size laundry, and attached 1-car garages. Each unit offers a townhouse-style layout with two spacious bedrooms and a full bathroom upstairs, along with an open kitchen concept & 1/2 bath downstairs. The property has been impeccably maintained inside and out, providing steady cash flow with significant potential for rent increases. Opportunities like this only come around a about once every decade—don't miss out! Directions: N Market Street. Left onto Northpoint Dr. Right onto Redwood Blvd. Left onto Marijean Way. Property is at the end of the cut-de-sac.

Contract Information

Listing Contract Date: 2024-09-26 Status: Closed List Date: 2024-09-26 Sold Date: 2024-12-17 Under Contract Date: 2024-11-01 Sold Price: $720,000

Parking

# Spaces Garage: 4

Unit 1

Unit #: A # Bedrooms: 2 # Baths: 1.5 Rent: 945 Deposit: 1145 Parking: 1 Car Garage Lease: MTM Stories: 2

Unit 2

Unit #: B # Bedrooms: 2 # Baths: 1.5 Rent: 1350 Deposit: 2025 Parking: 1 Car Garage Lease: MTM Stories: 2

Unit 3

Unit #: C # Bedrooms: 2 # Baths: 1.5 Rent: 1295 Deposit: 1942 Parking: 1 Car Garage Lease: MTM Stories: 2

Unit 4

Unit #: D # Bedrooms: 2 # Baths: 1.5 Rent: 1025 Deposit: 1215 Parking: 1 Car Garage Lease: MTM Stories: 2

Property Features

Unit Type: Four Plex Exterior: Stucco Parking: Garage; Off Street; On Street Unit Description: 2 Bedroom All Units Include: Air Conditioner; Balcony/Deck; Washer/Dryer Hookups Heating: Forced Air Cooling: Central Ownership: Seller Tenant Expenses: Cable; Electric Existing Rntl Terms: Month to Month Available Terms: 1031 Required; All Cash to Seller; Cash to New Loan Possession: Arrange Selling Terms: Conventional
Listing Office: Realty 110, Inc.
Co Office Name: Realty 110, Inc.
Co Listing Agent: Kimberly Moore
Last Updated: December - 17 - 2024
608 Marijean Way, Redding, CA 96003- MLS# 24-4161
Information deemed reliable but not guaranteed.

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