944 West St, Redding, CA 96001

$633,250
Property Type: Residential Income Status: Closed
Current Price: $633,250 List Date: 2/23/2024 Last Modified: 8/31/2024

Description

Located on the edge of the incredible revitalization happening in Downtown Redding, this income-producing four-plex offers a fantastic investment opportunity. New roof and paint, and Unit 1 interior remodel just completed. Each spacious unit (966 sq ft) has been upgraded with 2 bedrooms, jack-and-jill bathroom, private patio, dedicated parking, and storage. A dedicated coin-op laundry provides additional income. Landscaping has been updated to conserve water & reduce maintenance. This is a 2 minute drive (11 minute walk) to Diestelhorst Bridge & the River Trail. Units are currently fully occupied, making this completely turn-key, or could be remodeled further to raise rents substantially. Don't miss out on this opportunity to own a valuable piece of real estate in a prime location!

More Information MLS# 24-743

Address Information

Cross Street: 9th Street Number: 944 Street Name: West St State/Province: CA Postal Code: 96001 County: Shasta

Property Description

Type: Residential Income List Price: 649000 Parcel Number: 103-050-037-000 Lot Dim or Acres: 10,454 GP Zone: NOT AVAILABLE Zoning: NOT AVAILABLE Year Built Desc: 30+ Stories: 2 Current Price: $633,250 Area: 01 - NW Redding Subdivision: N/A Year Built: 1973

Remarks

Public Remarks: Located on the edge of the incredible revitalization happening in Downtown Redding, this income-producing four-plex offers a fantastic investment opportunity. New roof and paint, and Unit 1 interior remodel just completed. Each spacious unit (966 sq ft) has been upgraded with 2 bedrooms, jack-and-jill bathroom, private patio, dedicated parking, and storage. A dedicated coin-op laundry provides additional income. Landscaping has been updated to conserve water & reduce maintenance. This is a 2 minute drive (11 minute walk) to Diestelhorst Bridge & the River Trail. Units are currently fully occupied, making this completely turn-key, or could be remodeled further to raise rents substantially. Don't miss out on this opportunity to own a valuable piece of real estate in a prime location! Directions: Eureka Way turn north on West Street.

Contract Information

Listing Contract Date: 2024-02-22 Status: Closed List Date: 2024-02-22 Sold Date: 2024-07-31 Under Contract Date: 2024-06-25 Sold Price: $633,250

Unit Type

Four Plex: 1

Exterior

Stucco: 1

Parking

Assigned: 1 Off Street: 1 On Street: 1

Unit Description

2 Bedroom: 1

All Units Include

Air Conditioner: 1 Balcony/Deck: 1

Ownership

Seller: 1

Cooling

Central: 1

Available Terms

All Cash to Seller: 1 Cash: 1 Cash to New Loan: 1

Possession

Close of Escrow: 1

Selling Terms

Conventional: 1

Unit 1

Unit #: 1 # Bedrooms: 2 # Baths: 1 Rent: 1250 SqFt: 966

Unit 2

Unit #: 2 # Bedrooms: 2 # Baths: 1 Rent: 1037 SqFt: 966

Unit 3

Unit #: 3 # Bedrooms: 2 # Baths: 1 Rent: 1100 SqFt: 966

Unit 4

Unit #: 4 # Bedrooms: 2 # Baths: 1 Rent: 825 SqFt: 966

Property Features

Unit Type: Four Plex Exterior: Stucco Parking: Assigned; Off Street; On Street Unit Description: 2 Bedroom All Units Include: Air Conditioner; Balcony/Deck Cooling: Central Ownership: Seller Available Terms: All Cash to Seller; Cash; Cash to New Loan Possession: Close of Escrow Selling Terms: Conventional
Listing Office: Real Brokerage Technologies
Last Updated: August - 31 - 2024
944 West St, Redding, CA 96001- MLS# 24-743
Information deemed reliable but not guaranteed.

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