NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.64 Acres

Last Sold August 04, 2023

Last sale price $800,000

6 Days on Market

About This Home

As of August 2023

Prime Investment Opportunity! a well maintained 7-unit apartment building in Redding. Each spacious unit boasts 2 bedrooms, 1 bath, and central HVAC, and each unit comes with a convenient 1-car attached garage. With a excellent gross income of over $75,000 per year with a 6.18% CAP rate, this property provides a lucrative return on investment. PLUS there's upside potential with ample room for rent increases in the coming years, which can increase profits without the need of adding more capital investment. Whether you're a seasoned investor or just starting your real estate journey, this opportunity is not to be missed. Seize the chance to secure a prosperous future.

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 06/09/2023

Last Buyer's Agent

Eric Huber

Property Upsurge, Inc. License #01523116

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.64

Parking

  • Off-Street Parking

Home Design

Listing and Financial Details

  • Assessor Parcel Number 049-120-021-000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Directions: HWY 273 to Bransetter go West.
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Lot Info

  • Parcel #: 049-120-021-000
  • Lot Dimensions: 27,878
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Water, Garbage

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $800,000 +0.1% --
06/15/2023 06/15/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $799,000 +26.4% --
07/26/2016 07/26/16 Sold $632,000 -2.8% --
06/15/2016 06/15/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $650,000 -- --
Source: Shasta Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 23-2238

Shasta Association of REALTORS®