• Asking Price See Price
  • Estimated Value: $556,195
  • WEST REDDING, CA 96001

  • 12 Beds 1.1 Baths 450 SqFt
  • Multi-family (5 or more units) / Owner Financing

Property Details for WEST St, REDDING, CA 96001

Features

Facts

Description

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

11 Unit Apartment Complex with 10 (1+1's) and one 2+1 in Downtown Redding. The property is walking distance to the Sacramento River and all that the New Downtown Revitalization has to offer. Pride of ownership for over 30 years with special attention to maintaining the property and the units. All windows have been replaced with dual pane, all units have newer air conditioners and wall heaters, and a newer 'chip-sealed' driveway was recently completed. Some units are more updated than others. Most the tenants are long term and the buildings are 100% occupied. Gross Annual Income over $84,800. Possible Seller Financing.

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