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1969 8th St

Redding, CA 96001
  • $780,000
  • STATUS: Active
  • ON SITE: 196 Days
  • ID#: 24-1588
Price Reduced
UPDATED: 77 min ago
$780,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Description

Calling all savvy investors! Nearly $80,000 in gross annual income providing 7.46% CAP Rate! This charming 7-unit apartment building offers Six 1+1 units and One 2+1 unit providing the perfect blend of convenience and profitability. Nestled downtown, you'll be steps away from award-winning schools, bustling shops, and the scenic Sacramento River Trail. The best part? This well-maintained property boasts excellent upside potential - minimal investment needed to start reaping the rewards of a vibrant downtown location! Don't miss this rare opportunity to own a piece of the action in a thriving community.

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IDX information © 2024 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-11-01T17:58:36.76.

Licensed in the State of California.
www.search530.com/homes/149240468
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1969 8th St Redding, CA 96001

  • Price: $780,000
  • Status: Active
  • On Site: 196 Days
  • Updated: 77 min ago
  • ID#: 24-1588
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
N/A
County:
Shasta
Area:
01 - NW Redding
Property Description
Calling all savvy investors! Nearly $80,000 in gross annual income providing 7.46% CAP Rate! This charming 7-unit apartment building offers Six 1+1 units and One 2+1 unit providing the perfect blend of convenience and profitability. Nestled downtown, you'll be steps away from award-winning schools, bustling shops, and the scenic Sacramento River Trail. The best part? This well-maintained property boasts excellent upside potential - minimal investment needed to start reaping the rewards of a vibrant downtown location! Don't miss this rare opportunity to own a piece of the action in a thriving community.
Exterior Features

Parking Features Off StreetOn Street Stories 2

Interior Features

Cooling [] Unit1 No Baths 1 Unit1 No Bedrooms 1 Unit2 No Baths 1 Unit2 No Bedrooms 1 Unit3 No Baths 1 Unit3 No Bedrooms 1 Unit4 No Baths 1 Unit4 No Bedrooms 1 Unit5 No Baths 1 Unit5 No Bedrooms 1 Unit6 No Baths 1 Unit6 No Bedrooms 1 Unit7 No Baths 1.5 Unit7 No Bedrooms 2

Property Features

Construction Materials [] Listing Terms Cash to New Loan Property Sub Type Residential Income Special Listing Conditions []

Listing provided courtesy of Nick Kerley of Realty 110, Inc.: 530-242-4114.


IDX information © 2024 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-11-01T17:58:36.76.

Licensed in the State of California.
 
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Waterman Real Estate
1760 Churn Creek Rd.
Redding CA, 96002