130 Masonic Ave, Redding, CA 96003
$859,000
130 Masonic Ave
Redding, CA 96003
$859,000

130 Masonic Ave Redding, CA 96003
100% occupied 6-plex for sale in northern Redding, CA with 2 remodeled units, below market rents, all new HVAC mini-splits in 2021, new roof in 2021, fresh coat of exterior paint, and close proximity to shopping, transportation, and schools. With current gross monthly rents at $6,753.00/month ($81,036/year) and annual expenses coming in around $24,000/year (including a maintenance reserve), the property provides just over a 6.6% cap rate. All of the units are 2 bedrooms with 1 bath.
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Price$859,000
Year Built1977
Listing TypeResidential Income
Property TypeResidential Income
Area01 - NW Redding
MLS Listing ID24-2994
Published Date7/9/2024 5:11:00 PM 227 days ago
Listing Modified2/18/2025 12:00:00 PM 3 days ago

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