Bought with Josh Barker Real Estate
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Key Details
Sold Price $1,400,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23-3687
Sold Date 12/29/23
Originating Board Shasta Association of REALTORS®
Year Built 1978
Lot Dimensions 0.44
Property Description
2 remodeled fourplexes for sale together with excellent cashflow.
All units 2 Bedrooms and 1.5 Bathrooms.
7 of the 8 units are rented month to month and applications are being reviewed for the 8th.
7 of the 8 units have been fully remodeled floor to ceiling with high quality modern finishes.
The exteriors have been fully renovated and both roofs have been replaced.
The parking lot was resealed and re-striped.
Annual gross income is approximately $129,000 including onsite laundry contract.
These are high quality properties ready for your clients looking for a low maintenance investment.
Location
State CA
County Shasta
Direction From I-5 exit 299/Lake Blvd, head west and turn left (south) on Masonic Avenue. The property is on the right.
Exterior
Parking Features Off Street
Building
Building Description Wood Siding, Wood Siding
Story 2
Level or Stories 2.0
Structure Type Wood Siding
Others
Senior Community No
Tax ID 113-340-010, 011, 015, 016
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