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Browse More Listings in Multifamily For Sale, Redding, CA or California

Multifamily Property - Off Market

East Street apartments

1955 East Street, Redding, CA 96001

Price:
N/A
No. Units:
12
Building Size:
10,000 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
3%
Occupancy:
100%

Last Verified 6/23/2009 Listing ID 15968179

Description

Fully occupied 12 unit complex with many long term tenants and a great rental history. Property consists of 5 1 bedroom 1 bath units and 7 studios. Close to all kinds of good shopping in downtown Redding. An ideal investment with rents at $500 for the 1 BR and $350 for the Studio. This is one of many that we have in the Redding area, so e-mail for details, financials, photos, etc.Gross incomes of $61,200 annually. This unit went into contract and escrow, and then just fell out...so this is clearly one of the best buys in Redding. Just do the numbers. www.ronlargent.com

East Street is just east of Pine Street, the main north south main street in downtown Redding. Located near South Street, tenants can walk to shopping, banks, etc.
Redding is 165 miles north of Sacramento on I5.

Map of 1955 East Street, Redding, CA 96001 (Shasta County)

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Created 10/30/2008

Additional Information for 1955 East Street, Redding, CA 96001

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 1955 East Street, Redding, CA 96001

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Mid/High-Rise
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Garden/Low-Rise
Sold 1Q 2004
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Sold 3Q 2005
Garden/Low-Rise
Sold 1Q 2005

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - East Street apartments

1955 East Street, Redding, CA, 96001