120 Masonic Ave, Redding, CA 96003 100% occupied 5-plex for sale in northern Redding, CA with long term tenant... | $711,000
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Listing Status: Pending Please Note:This listing was last updated on 12/6/2024 but is no longer listed. |
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.
| | MLS ID: | 24-2993 | Listing Type: | Residential Income | Property Type: | Residential Income |
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| | Area Area: 01 - NW Redding |