This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- 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
