1969 8th St Redding, CA $ 899,000
1969 8th St
$ 899,000
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1969 8th St

Redding, CA, 96001
$ 899,000
Baths0.0

Monthly Estimate*

$ 6,280

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Studio

Multi-Family Home for sale in Redding, CA

for $899,000. This home was built in 1980.

Calling all savvy investors! Nearly $80,000 in gross annual income providing 6.39% CAP Rate! This charming 7-unit apartment building offers Six 1+1 units and One 2+1 unit providing the perfect blend of convenience and profitability. Nestled downtown, you'll be steps away from award-winning schools, bustling shops, and the scenic Sacramento River Trail. The best part? This well-maintained property boasts excellent upside potential - minimal investment needed to start reaping the rewards of a vibrant downtown location! Don't miss this rare opportunity to own a piece of the action in a thriving community. Please do not disturb tenants.

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Multi-Family Active

Price

$ 899,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Residential Income

Year Built

1980

Town/City

Redding

County/Region

Shasta

MLS | Web ID

241588

Features
Exterior
Parking Features Off Street On Street
Lot Size Area 0.0
Spa N
Lot Dimensions 12 197
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Year Built 1980
Stories 2
Property SubType Residential Income
County Shasta
Property Type Residential Income
Subdivision Name N/A
Garage Y/N N
Status Active
Directions Eureka Way to right onto West St. Left onto 8th St. property is on the right
City Redding
View Y/N N
Zoning Description NOT AVAILABLE
Total Units 0
MLS Area 01 - NW Redding
Lot Size Square Feet 0.0
Carport Y/N N
Street Name 8th St
Lease Renewal Y/N N
MLS Area Minor 01 - NW Redding
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 36
Standard Status Active
Senior Community None
New Construction None
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Interior
Basement (Y/N) N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1969
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* Excluded Features
List By
Nick R Kerley

Listing Agent

Realty 110, Inc.

Broker

Affordability Calculator

$6,280
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,280
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
633023 Elementary School
632821 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2024$899,000 -5.37% Price Down
4/16/2024$950,000 Listed Price

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1969 8th St, Redding, CA, 96001 is a Multi-Family Home for sale at $899,000. 1969 8th St is a studio with 0.0 baths and was built in 1980. The property's zip code is 96001 which is in Redding, CA