Description
Looking for a consistent CASH FLOW investment? This is a great property for the Investor looking for a cash flow like clockwork with minimal management! 11 Unit Apartment Complex with 10 (1+1's) and one 2+1 in Downtown Redding. The property is walking distance to the Sacramento River and all that the New Downtown Revitalization has to offer. Pride of ownership for over 30 years with special attention to maintaining the property and the units. All windows have been replaced with dual pane, all units have newer air conditioners and wall heaters, and a newer 'chip-sealed' driveway was recently completed. Most the tenants are long term and the buildings are 100% occupied. Gross Annual Income over $84,800.
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School Ratings & Info
Description
Looking for a consistent CASH FLOW investment? This is a great property for the Investor looking for a cash flow like clockwork with minimal management! 11 Unit Apartment Complex with 10 (1+1's) and one 2+1 in Downtown Redding. The property is walking distance to the Sacramento River and all that the New Downtown Revitalization has to offer. Pride of ownership for over 30 years with special attention to maintaining the property and the units. All windows have been replaced with dual pane, all units have newer air conditioners and wall heaters, and a newer 'chip-sealed' driveway was recently completed. Most the tenants are long term and the buildings are 100% occupied. Gross Annual Income over $84,800.
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: 2023-03-31T23:04:29.907.
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