1129 Magnolia Avenue
1129 Magnolia Avenue
$425,000
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Description
Property has been upgraded and updated. Seller is ready to negotiate and is offering an additional $4,000 BUYER CREDIT towards any further improvements. The property consist of 3 income streams from 3 separate units providing a Savvy Investor with nearly an 8.5% CAP RATE! Upgrades & improvements include 7 new dual pane windows, Exterior siding repaired/replaced and painted. All new insulation in attic, Roof weatherproofing, New Gutter, New facial boards, flashing, new trims around windows. New concrete...Property has been upgraded and updated. Seller is ready to negotiate and is offering an additional $4,000 BUYER CREDIT towards any further improvements. The property consist of 3 income streams from 3 separate units providing a Savvy Investor with nearly an 8.5% CAP RATE! Upgrades & improvements include 7 new dual pane windows, Exterior siding repaired/replaced and painted. All new insulation in attic, Roof weatherproofing, New Gutter, New facial boards, flashing, new trims around windows. New concrete patio with drainage, Electrical work, new cables, switches, New Mini-Split AC, outlets and fixtures. Gross Annual Income Exceeds $46,000! Units are 100% Occupied. Walk Into Instant Cash Flow.
- Listed by Nick Kerley • DRE #01332465 • Realty 110, Inc.P: 530-242-4114 listings@realty110.com
- Listed by Kimberly Moore • DRE #02059831 • Realty 110, Inc.P: 530-355-2538 C: 530-355-2538 kimberly@realty110.com
Property Details for 1129 Magnolia Avenue
Subdivision Name
N/A
Location
LISTING UPDATED: 06/06/2024 08:40 AM
Property Details for 1129 Magnolia Avenue
Status | Active |
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MLS # | 24-914 |
Days on Compass | 99 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Residential Income |
Year Built | 1925 |
Lot Size | 0.00 AC / 0 SF |
County | Shasta County |
Location
Building Information for 1129 Magnolia Avenue
Stories2Residences-Year Built1925Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$2,622 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1129 Magnolia Avenue
Property History for 1129 Magnolia Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1129 Magnolia Avenue
Taxable ValueLand$62,424Additions$279,867Total$342,291
Tax Record2023$3,641 ($303 / month)
Home Facts
Baths2Total Finished SqFt1,834 SqFtAbove Grade Finished SqFt1,834 SqFtStories2Lot Size5,227 SqFtStyleDuplexYear Built1925CountySHASTAAPN105-280-009-000
Schools near 1129 Magnolia Avenue
This home is within Redding Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 4 to 8 | |||
Public - | 9 to 12 | |||
Public - | 10 to 11 |
Rating | School | Distance |
---|---|---|
Cypress Elementary School PublicK to 5 | ||
Sequoia Middle School Public4 to 8 | ||
Shasta High School Public9 to 12 | ||
Foothill Plus School Public10 to 11 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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