Bought with Gipson Realty Inc.
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Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21-199
Sold Date 02/22/21
Originating Board Shasta Association of REALTORS®
Year Built 1987
Lot Dimensions 20,204
Property Description
Very well maintained 9 Unit Apartment Building shows true pride in ownership. The building is made up of 5 two-bedroom, one-bath units, and 4 one-bedroom, one-bath units, plus an on-site coin-op laundry room. Each unit has central HVAC, refrigerator, range/stove, and disposals. Roof is only about 8 years old, all new water heaters & toilets in 2015, new rain gutters in 2014, new HVAC unit in D, and new flooring in units A, C, D, G, & I. Most of the landscaping is low maintenance deco rock, the parking was improved with better rain drainage and all the lighting was upgraded to high efficiency LED. The Gross annual income is over $75,000 and produces a CAP Rate of 6.13%. *Please do not disturb the tenants. Call Agent for more info.
Location
State CA
County Shasta
Direction Head south on Market St. Turn left and merge on CA-44 E. Merge onto I-5 N. Take exit 685 and continue onto CA-151. Turn left onto Deer creek Rd and destination is on the right.
Interior
Cooling Central Air
Exterior
Garage Off Street
Parking Type Off Street
Building
Story 2
Level or Stories 2.0
Others
Senior Community No
Tax ID 007-010-070-000
Ownership Seller
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