Skip To Content

1969 8th St

Redding, CA 96001
  • $899,000
  • STATUS: Active
  • ON SITE: 38 Days
  • ID#: 24-1588
Price Reduced
$899,000
  • 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 6.39% 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. Please do not disturb tenants.

Monthly Payment Calculator



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: 2024-05-26T22:59:00.37.

Licensed in the State of California.
www.search530.com/homes/149240468
Print Image

1969 8th St Redding, CA 96001

  • Price: $899,000
  • Status: Active
  • On Site: 38 Days
  • 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 6.39% 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. Please do not disturb tenants.
Exterior Features

Parking Features Off StreetOn Street Stories 2

Interior Features

Unit Description1 Bedroom Yes Unit Description2 Bedroom Yes 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

Compensation Disclaimer The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Listing Terms Cash to New Loan Property Sub Type Residential Income Unit Type Five Or More Yes

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: 2024-05-26T22:59:00.37.

Licensed in the State of California.
 
https://bt-photos.global.ssl.fastly.net/shasta/1280_boomver_2_24-1588-2.jpg https://bt-photos.global.ssl.fastly.net/shasta/1280_boomver_2_24-1588-2.jpg https://bt-photos.global.ssl.fastly.net/shasta/1280_boomver_2_24-1588-2.jpg
Logo
Waterman Real Estate
1760 Churn Creek Rd.
Redding CA, 96002