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.
Off market
$341,000
1331 Elmwood St, Redding, CA 96001
--beds
0baths
--sqft
MultiFamily
Built in 1940
-- sqft lot
$341,000 Zestimate®
$--/sqft
$1,324 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Cooling
- Evaporative
Property
Parking
- Parking features: Carport
Features
- Exterior features: Other, Wood
Details
- Parcel number: 104-010-011-000
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Redding
Other
Other facts
- Unit Type: 5 or More
- Exterior: Other, Wood
- Parking: Off Street, Carport
- Tenant Expenses: Electric, Gas
- Unit Description: 1 Bedroom, Studio
- Cooling: Evaporative
- Owner Expenses: Water, Garbage, Sewer
- Heating: Forced Air
- Some Units Include: Air Conditioner
- Type: Residential Income
- Listing Type: Exclusive Right to Sell
- Parcel Number: 104-010-011-000