This great investment opportunity includes two R4 zoned parcels that total 1.19 acres and includes 16 apartments. Each unit is 2 bedroom 1 bathroom and equipped with central heating and air conditioning, and many with recent updates including new interior paint and flooring. There is onsite coin operated laundry for additional income opportunity, and two storage rooms that function as yard equipment storage and a maintenance supply rooms. This property produces an approximate CAP rate of 6.2%.
Off market
$690,700
735 S Jackson St, Red Bluff, CA 96080
--beds
0baths
--sqft
MultiFamily
Built in 1965
-- sqft lot
$690,700 Zestimate®
$--/sqft
$1,175 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Room, On Site Share
Property
Features
- Exterior features: Wood
Lot
- Size: 1.19 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Sewer
- Utilities for property: Electric, Natural Gas, Telephone - On Property
Community & neighborhood
Location
- Region: Red Bluff
Other
Other facts
- APPLIANCES: Electric Range/Oven, Refrigerator
- FIPS Code: 06103
- BATH FEATURES: Shower-Tub
- ROOF: Composition
- SEWER: Sewer
- COOLING: Central Air
- EXTERIOR: Wood
- ELECTRIC METER: Separate
- GAS METER: Separate
- UTILITIES: Electric, Natural Gas, Telephone - On Property
- LAUNDRY: Room, On Site Share
- LOT DESCRIPTION: City
- DRIVEWAY: Asphalt
- WATER METER: Shared
- HEAT: Central
- Type: Apartment Complex