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- LoopNet Team
1576 Chestnut St
Redding, CA 96001
12 Plex with 7% CAP RATE & *Assumable Note! · Multifamily Property For Sale
·
12 Units

PROPERTY FACTS
| No. Units | 12 | Building Size | 5,952 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1937/2019 |
| Building Class | C | Parking Ratio | 2.02/1,000 SF |
| Lot Size | 0.24 AC |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,952 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1937/2019 |
| Parking Ratio | 2.02/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Tile Floors
- Oven
- Range
- Double Pane Windows
SITE AMENITIES
- Controlled Access
- Fenced Lot
- Laundry Facilities
- Public Transportation
ABOUT 1576 CHESTNUT ST , REDDING, CA 96001
Thorough Renovation Just Completed on this Classic Art-Deco 12 Unit Complex. Finished with upgrades that kept to the original charm & character while still offering energy efficiency & modern touches tenants love! From subway tiles in the kitchens & baths to tile floors in the hallways & balconies, new dual pane windows, new A/C's, upgraded laundry room & so much more. Located Next to the Downtown Redevelopment Projects! Don't Wait! Cap Rate is over 7% and still has upside on income! + Assumable Loan @4.5% Interest Rate!!
PROPERTY TAXES
| Parcel Number | 105-450-050-000 | Improvements Assessment | $916,654 |
| Land Assessment | $218,727 | Total Assessment | $1,135,381 |
PROPERTY TAXES
Listing ID: 16476969
Date on Market: 6/28/2019
Last Updated:
Address: 1576 Chestnut St, Redding, CA 96001
The Multifamily Property at 1576 Chestnut St, Redding, CA 96001 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
