620 & 632 Iris Drive, Redding, CA 96002
$500,000
Property Type:
Residential Income
Status:
Closed
Current Price:
$500,000
List Date:
4/21/2022
Last Modified:
8/31/2024
Description
2 fourplexes being sold together. Fully rented with several long term tenants. Units share a large fenced in courtyard between them. Both buildings need some TLC. Situated in the heart of Redding just off Hilltop Drive.
More Information MLS# 22-1951
Address Information
Street Number: 620 & 632
Street Name: Iris Drive
Cross Street: Azalea
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Current Price: $500,000
Type: Residential Income
Area: 03 - SE Redding
List Price: 795000
Subdivision: N/A
Parcel Number: 107-020-007 & 107-020-008
Lot Dim or Acres: .26
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Stories: 2
Year Built: 1961
Year Built Desc: 30+
Remarks
Public Remarks: 2 fourplexes being sold together. Fully rented with several long term tenants. Units share a large fenced in courtyard between them. Both buildings need some TLC. Situated in the heart of Redding just off Hilltop Drive.
Directions: Hilltop Drive to Azalea to Iris Drive.
Contract Information
Status: Closed
List Date: 2022-04-21
Sold Date: 2022-05-27
Under Contract Date: 2022-04-29
Sold Price: $500,000
Unit 1
Unit #: 620
# Bedrooms: 2
# Baths: 1
Rent: 495
Deposit: 550
SqFt: 728
Parking: off-street
Unit 2
Unit #: 622
# Bedrooms: 2
# Baths: 1
Rent: 450
Deposit: 400
SqFt: 728
Parking: off-street
Unit 3
Unit #: 624
# Bedrooms: 2
# Baths: 1
Rent: 495
Deposit: 695
SqFt: 728
Parking: off-street
Unit 4
Unit #: 626
# Bedrooms: 2
# Baths: 1
Rent: 750
Deposit: 950
SqFt: 728
Parking: off-street
Unit 5
Unit #: 632
# Bedrooms: 2
# Baths: 1
Rent: 495
Deposit: 460
SqFt: 728
Parking: off-street
Unit 6
Unit #: 634
# Bedrooms: 2
# Baths: 1
Rent: 600
Deposit: 135
SqFt: 728
Parking: off-street
Unit 7
Unit #: 636
Bed: 2
Bath: 1
Rent: 495
Deposit: 550
SqFt: 728
Parking: off-street
Unit 8
Unit #: 638
Bed: 2
Bath: 1
Rent: 525
Deposit: 725
SqFt: 728
Parking: off-street
Property Features
Unit Type: 5 or More; Four Plex
Parking: Off Street
Unit Description: 2 Bedroom
Miscellaneous: Laundry in Complex
Ownership: Seller
Owner Expenses: Garbage; Water
Tenant Expenses: Electric
Existing Rntl Terms: Month to Month
Available Terms: All Cash to Seller; Cash; Cash to New Loan
Possession: Close of Escrow
Selling Terms: Cash
Listing Office: TREG INC - The Real Estate Group
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.