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Sold on 12/29/2023

150 170 Masonic Ave, Redding, CA 96003

  • $822,000

    Last sold 12/29/2023 for $1.4M

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 150 170 Masonic Ave

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
2 remodeled fourplexes for sale together with excellent cashflow. All units 2 Bedrooms and 1.5 Bathrooms. 7 of the 8 units are rented month to month and applications are being reviewed for the 8th. 7 of the 8 units have been fully remodeled floor to ceiling with high quality modern finishes. The exteriors have been fully renovated and both roofs have been replaced. The parking lot was resealed and re-striped. Annual gross income is approximately $129,000 including onsite laundry contract. These are high quality properties ready for your clients looking for a low maintenance investment.
Listed by
Listing Agent - Chris Haedrich
Listing Office - Haedrich & Co., Inc.
Source: Shasta Association of REALTORS® mls logo
MLS#23-3687 • last updated 2 years ago
Movoto checked Shasta Association of REALTORS® for data 15 minutes ago
Overview
Levels/Style 2
MLS # 23-3687
SubType Residential Income
Status Closed
Year Built 1978
Interior
Exterior
Construction Wood Siding
Parking Off Street
Location
APN 113-340-010, 011, 015, 16
Zoning RED - C-2 - Central Commericial District
Directions From I-5 Exit 299/Lake Blvd, Head West And Turn Left (south) On Masonic Avenue. The Property Is On The Right.
Multifamily Details
Total # of Units 8
Community Information
Area 1 - NW Redding
$822K
Range: $715K-$928K
Last 30 days 
Rental est.: $1,468/month
Gross rent multiplier: 81.8
  • 150 170 Masonic Ave
    $1.4M
  • Sulphur Creek Hill
    —
  • 96003
    $434K -3% y/y
  • Redding
    $450K -1% y/y
No chart available
Statistics calculated by Movoto

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  • Real Estate
  • CA
  • Shasta County
  • Redding
  • 96003
  • Sulphur Creek Hill
  • 150 170 Masonic Ave
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