120 Masonic Ave, Redding, CA 96003
$711,000
120 Masonic Ave
Redding, CA 96003
$711,000

120 Masonic Ave Redding, CA 96003
100% occupied 5-plex for sale in northern Redding, CA with long term tenants, below market rents, all new HVAC mini-splits, brand new roof, freshly painted exterior, and close proximity to shopping, transportation, and schools. With current gross monthly rents at $5,943.00/month ($68,316.00/year), laundry income averaging around $3,000/year, and annual expenses coming in around $27,875/year (including a maintenance reserve), the property provides just over a 6.1% cap rate.
Listing Status: Pending
Please Note:This listing was last updated on 12/6/2024. Please contact us for the availability of this property.
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Price$711,000
Year Built1977
Listing TypeResidential Income
Property TypeResidential Income
Area01 - NW Redding
MLS Listing ID24-2993
Published Date7/9/2024 4:45:00 PM 165 days ago
Listing Modified12/6/2024 5:30:00 PM 15 days ago

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