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Sold for $800,000
  • $800,000

    2124 Branstetter Ln, Redding, CA 96001

    --beds
    --baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $809,000 Zestimate®
    $--/sqft
    $1,506 Estimated rent

    Home value

    $809,000

    $655,000 - $1.02M

    $1,506/mo

    Zestimate® history
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    $1,506/mo

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    $5,087/mo

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    $5,087/mo

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    What's special

    Central hvac
    Prime Investment Opportunity! a well maintained 7-unit apartment building in Redding. Each spacious unit boasts 2 bedrooms, 1 bath, and central HVAC, and each unit comes with a convenient 1-car attached garage. With a excellent gross income of over $75,000 per year with a 6.18% CAP rate, this property provides a lucrative return on investment. PLUS there's upside potential with ample room for rent increases in the coming years, which can increase profits without the need of adding more capital investment. Whether you're a seasoned investor or just starting your real estate journey, this opportunity is not to be missed. Seize the chance to secure a prosperous future.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Kerley 530-242-4114,

    Realty 110, Inc.

    Bought with:

    Eric R Huber, DRE #01523116

    Property Upsurge, Inc.

    Source: SMLS,MLS#: 23-2238MLS Logo

    Facts & features

    Interior

    Features
    • Has basement: No

    Property

    Parking
    • Parking features: Off Street
    Features
    • Stories: 1
    Lot
    • Size: 0.64 Acres
    • Dimensions: 27,878
    Details
    • Parcel number: 049120021000
    • Special conditions: Conservatorship

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & HOA

    Location
    • Region: Redding

    Financial & listing details

    • Date on market: 6/9/2023
    • Listing terms: Cash

    Price history

    DateEventPrice
    8/4/2023Sold$800,000+0.1%
    Source: SMLS #23-2238 Report a problem
    6/9/2023Listed for sale$799,000+26.4%
    Source: SMLS #23-2238 Report a problem
    7/26/2016Sold$632,000
    Source: SMLS #16-1889 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 96001

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $809,000
    2% more
    +$16,180
    With Zillow Showcase(estimated)
    $825,180