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$745,000 Active Under Contract
8 units |

lot: 14375 sq ft lot
Residential Income: Quadruplex - MLS# 20250212
Property Photo
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Description

Tenant safety is key in this 8- plex apartment complex set off the road behind an off-street parking lot and secured entry gate (with intercom system). This apartment complex is made up of (8) 1 bdrm, 1 bath units and is fully rented. Complex has coin operated laundry room,1 hole putting green, and a secured area for hosting BBQ complete with picnic benches, and drink cooler. More parking behind units in the alley. Also has a fenced area for RV parking (with hookups) and a shed/workshop for Owner's use. Each downstairs unit has its own yard and each upstairs unit has a balcony. Six of the 8 units have an electric fireplace for optional heat source. Owner pays water/sewer & garbage. Each bldg is on its own APN, so can be purchased using two separate & concurrent residential 1-4 loans (instead of commercial loan).

Features

  • Property Type: Residential Income
  • Sub Type: Quadruplex
  • Listing Status: Active Under Contract
  • County/Area: Tehama County
  • Zip Code: 96080
  • Year Built: 1977
  • Units: 8 units
  • Lot Size: 14375 sq ft lot
  • Zoning: R-3
  • Additional Sub Type: Quadruplex, Multi Family
  • Appliances: Dishwasher
  • Cross Street: Breckenridge
  • Directions: From Downtown, Head north on Monroe St. Property is just past Breckenridge on the left. Sits back off the street. Parking lot in front.
  • Flooring: Carpet, Vinyl
  • Lot Features: City Lot, Public Road
  • Main Type: Residential Income
  • Occupant Type: Tenant
  • Open Parking Spaces: 14
  • Possession: Close Of Escrow
  • Postal City: Red Bluff
  • Sewer: Public Sewer
  • Special Conditions Details: Standard
  • Street Additional Info: 1451 Monroe St
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Coldwell Banker Select - Red Bluff
Source: Tehama County Associaton of REALTORS®
Terri Jamison
Jamison Properties
Corning, CA
Phone: 530-209-5681
TJamison45@gmail.com

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