We were unable to find listings in Montgomery Creek, CA
Nestled on a quiet cul-de-sac, this multi-unit property is conveniently located near shopping, dining, and transportation in the heart of Redding, Ca. Three of the four units are currently rented on a month-to-month basis, while the vacant unit has been recently updated with luxury vinyl flooring, modern appliances, and fresh paint. Each apartment offers a Townhouse style layout with two spacious bedrooms, a Jack n' Jill full bathroom, an open concept kitchen/living room, an additional half bath, and a private back patio. The property also features off-street covered parking, a coin-operated laundry room, new roofs and gutters, updated windows, new fencing, and low-maintenance landscaping. This prime investment property generates close to $50,000 in gross income with a 6.25% CAP Rate, making it an excellent opportunity for savvy investors. Please respect the tenants' privacy. This property is also listed with 1243 Wurch Way, and the seller prefers to sell both properties together.
Courtesy: Aaron Pardo - Compass
, Phone:
7075473800
Aaron Pardo
Nestled on a quiet cul-de-sac, this multi-unit property is conveniently located near shopping, dining, and transportation in the heart of Redding, Ca. Three of the four units are currently rented on a month-to-month basis, while the vacant unit has been recently updated with luxury vinyl flooring, modern appliances, and fresh paint. Each apartment offers a Townhouse style layout with two spacious bedrooms, a Jack n' Jill full bathroom, an open concept kitchen/living room, an additional half bath, and a private back patio. The property also features off-street covered parking, a coin-operated laundry room, new roofs and gutters, updated windows, new fencing, and low-maintenance landscaping. This prime investment property generates close to $50,000 in gross income with a 6.25% CAP Rate, making it an excellent opportunity for savvy investors. Please respect the tenants' privacy. This property is also listed with 1275 Wurch Way, and the seller prefers to sell both properties together.
 |
| Information being provided is 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 has not been verified, is not guaranteed, and is subject to change. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. |
