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170 Masonic Ave
Redding, CA 96003
Multifamily Property For Sale
·
8 Units
Investment Highlights
- 2 Fourplexes
- Newer roof
- Shared Laundry
Executive Summary
Investment opportunity in northeast Redding! This property features two fourplex buildings for a total of eight units. Seven units are currently occupied and one is vacant, offering the chance to tour a unit or potentially owner-occupy. Each 924 sq. ft. unit includes 2 bedrooms, 1 full bathroom upstairs, and a convenient half bath downstairs. Each unit also features its own fenced backyard. Additional amenities include a shared laundry facility and 13 on-site parking spaces. The property was remodeled a few years ago and features a newer roof. Add this well-established multifamily property to your portfolio today!
Property Facts
| Price Per Unit | $178,125 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 3,696 SF |
| No. Units | 8 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1978 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | GC | ||
| Price Per Unit | $178,125 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 3,696 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1978 |
| Opportunity Zone |
Yes |
| Zoning | GC |
Amenities
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Carpet
Site Amenities
- Fenced Lot
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 8 | $1,400 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $604,756 | |
| Land Assessment | $124,848 | Total Assessment | $729,604 |
Property Taxes
Parcel Numbers
Land Assessment
$124,848
Improvements Assessment
$604,756
Total Assessment
$729,604
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