8 Unit Apartment Complex! Current Annual Gross income is over $87,000 with a 6% CAP! NEW coin-op laundry room just added. Rents are scheduled to increase in April 2021. Each building can qualify for 30yr Fixed, Low Interest Financing! Located in central Redding, close to shopping, dining, schools and parks. Each unit has a ''townhouse'' style layout with 2 Large Bedrooms + a full bathroom upstairs and Kitchen, Living-room & private Patio downstairs. These buildings have been well maintained with 7 of the units have been upgraded with New Luxury Vinyl Flooring, New Paint & New Stainless Steel Appliances. Unit F & H have New HVAC units. There is ample off street parking with covered car ports for each unit. Call Today!
Listing courtesy of Realty 110, Inc..