About This Home
This 14-bedroom, 0-bathroom residential multi family at 1114 Orange Avenue in Redding, CA is listed for $924,500. Built in 1973, on a N/A lot.
Key Features
- Built in 1973
- 2 stories
Property Details
Amenities
Excellent investment opportunity featuring a well-maintained 6-unit apartment complex in a prime location convenient to schools, shopping, and downtown. The property is fully leased and offers a desirable unit mix of four 2-bedroom/1-bath units and two 3-bedroom/1-bath units.
Recent improvements include a new roof, fresh exterior paint and newly rebuilt stairs and balcony, helping reduce maintenance concerns for the next owner. Each unit features an open floor plan, spacious kitchen, and dedicated covered parking. With over $78,000 in annual gross income, this turnkey multifamily property still has room for growth.
This provides an attractive opportunity for an investor seeking an established income-producing asset with a strong unit mix and convenient location. A solid addition to any portfolio with key property improvements already completed.
Monthly Cost Estimate
$4,944/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1114 Orange Avenue
Redding, CA 96001
Property Details
Parking
Questions & Answers
This 14-bedroom, 0-bathroom residential multi family at 1114 Orange Avenue is listed at $924,500. The estimated monthly payment is $4,945 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1973, 2 stories.
This property is listed by Erin K Richart and can be reached at 5309499103.