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1331 Elmwood St

Redding, CA 96001
  • $515,000
  • STATUS: Active
  • ON SITE: 79 Days
  • ID#: 22-5497
UPDATED: 76 min ago
$515,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Amazing Residential Income Opportunity! 6-plex located in a CONVENIENT LOCATION in West Redding near the Hospital, parks, restaurants and shopping. 3 upstairs units and 3 downstairs units. Units 1-5 each feature a fully furnished, roomy 1 bedroom, 1 bath floorplan and well-equipped kitchen and carpet flooring. Unit 6 is a bright open studio floorplan with a full bath and kitchen. Newer paint and flooring. Onsite laundry room with commercial sized washer and dryer. Spacious rooftop patio is perfect for outdoor entertaining, carport and off-street parking available. Current annual gross income is $46,475 with 4 of the 6 units rented. Fully rented it has a potential annual income of $63,900.

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IDX information © 2023 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2023-02-05T20:00:41.97.

Licensed in the State of California.
www.vistaredding.com/homes/134866743
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1331 Elmwood St Redding, CA 96001

  • Price: $515,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 76 min ago
  • ID#: 22-5497
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
N/A
County:
Shasta
Area:
04 - SW Redding
Property Description
Amazing Residential Income Opportunity! 6-plex located in a CONVENIENT LOCATION in West Redding near the Hospital, parks, restaurants and shopping. 3 upstairs units and 3 downstairs units. Units 1-5 each feature a fully furnished, roomy 1 bedroom, 1 bath floorplan and well-equipped kitchen and carpet flooring. Unit 6 is a bright open studio floorplan with a full bath and kitchen. Newer paint and flooring. Onsite laundry room with commercial sized washer and dryer. Spacious rooftop patio is perfect for outdoor entertaining, carport and off-street parking available. Current annual gross income is $46,475 with 4 of the 6 units rented. Fully rented it has a potential annual income of $63,900.
Exterior Features

Exterior OtherWood Lot Dim Or Acres 5663 Parking CarportOff Street

Interior Features

Cool Evaporative Heat Forced Air Some Units Include Air Conditioner Unit Description 1 BedroomStudio Unit1 Baths 1.00 Unit1 Bedrooms 1.00 Unit2 Baths 1.00 Unit2 Bedrooms 1.00 Unit3 Baths 1.00 Unit3 Bedrooms 1.00 Unit4 Baths 1.00 Unit4 Bedrooms 1.00 Unit5 Baths 1.00 Unit5 Bedrooms 1.00 Unit6 Remarks Studio

Property Features

Available Terms All Cash To SellerCashCash To New Loan GPZone Not Available Owner Expenses GarbageSewerWater Ownership Seller Possession Arrange Tenant Expenses ElectricGas Unit Type 5 Or More Unit1 Rent 875.00 Unit1 Unit Number 1 Unit2 Rent 900.00 Unit2 Unit Number 2 Unit3 Rent 875.00 Unit3 Unit Number 3 Unit4 Rent 875.00 Unit4 Unit Number 4 Unit5 Rent 875.00 Unit5 Unit Number 5 Unit6 Rent 925.00 Unit6 Unit Number 6 Year Built Description 30+ Zoning Not Available

Listing provided courtesy of Daniel Metz of Josh Barker Real Estate: (530) 222-3800.


IDX information © 2023 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2023-02-05T20:00:41.97.

Licensed in the State of California.
 
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3645 Eureka Way
Redding CA, 96001