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735 S Jackson Street

Red Bluff, CA 96080
  • $1,499,500
  • STATUS: Active Under Contract
  • ON SITE: 232 days
  • ID#: 20201044
Under Contract
UPDATED: 50 min ago
$1,499,500
  • 0
    BEDS
  • 1.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Description

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%.

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© 2021 Tehama County Association of Realtors. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Wise House Realty | United Realty Group. Data last updated: 2021-07-24T18:51:34.507.
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735 S Jackson Street Red Bluff, CA 96080

  • Price: $1,499,500
  • Status: Active Under Contract
  • Updated: 50 min ago
  • ID#: 20201044
0
Beds
0
Baths
0
½ Baths
1.19
Acres
1965
Built
Neighborhood:
Central Red Bluff
County:
Tehama
Area:
Central Red Bluff
Property Description
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%.
Exterior Features

Driveway Asphalt Foundation Slab Garage Parking None Home Exterior Wood Pool None Roof Composition Sprinklers None

Interior Features

Appliances Electric Range/OvenRefrigerator Basement No Bath Features Shower-Tub Cooling Central Air Fireplace None Heat Central Laundry On Site ShareRoom Unit1 Number Beds 2 Unit1 Number Of Baths 1

Property Features

Cross Street Luther Rd Electric Meter Separate Gas Meter Separate Lot Description City Number Of Parking Spaces 21 Sale Type Trust Sewer Sewer Terms CashCash To New Loan Type Apartment Complex Utilities ElectricNatural GasTelephone - On Property Water Meter Shared Zoning Code R4

Listing information © 2021 Tehama County Association of Realtors.
Listing provided courtesy of Tyler Miranda of Re/Max Top Properties.


© 2021 Tehama County Association of Realtors. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Wise House Realty | United Realty Group. Data last updated: 2021-07-24T18:51:34.507.
 
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Wise House Realty | United Realty Group
1823 Court St.
Redding CA, 96003