Properties

Comm Business Opportunity For Sale

2,376 Sqft - 1255 Gabriel St., REDDING, California 96003

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Property Description

Rare Real Estate investment coupled with a Business Opportunity. This investment shows a net income of approximately $47,000.00 a year for the last 2 years. Both units are 3/2 with attached 2 car garages and each has been remodeled. Each unit is furnished and equipped with everything needed to operate (2) Airbnb rental units. List price indicates a Cap Rate at 10.5%. The units are renting for $125.00 per day and are constantly rented out. Furnished means all furniture upstairs and downstairs, utensils, patio furniture, all linens, pillows etc. washer and dryer…

Basic Details
Property Type : Comm Business Opportunity
Listing Type : For Sale
Listing ID : 40939540
Price : $449,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 2,376 Sqft
Year Built : 1985
Lot Area : 10,771 Sqft
Features
Heating System : Forced Air 1 Zone
Cooling System : Central 1 Zone A/c, Central 2 Zone A/c
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Shasta
City : REDDING
Zipcode : 96003
Street : Gabriel St.
Street Number : 1255
Floor Number : 0
Longitude : W123° 39' 8''
Latitude : N40° 35' 33.4''
MLS Addon
Office Name : Results Real Estate
Building Type : Comm Bus Opp
Area : All Other Counties/States
Address : 1255 Gabriel St.
Cross Street : Browning
Directions to Property : Contact Listing Agent
LA1User Code : 202501983
LA1Agent First Name : John
LA1Agent Last Name : Loveless
Status Category : Sold
Tot # Parking Spaces : 4
Zoning : R1
List $/SqFt : $189
Age : 34
Apx Lot Sq Ft : 0 Sqft
Annual Taxes : $3,559
Total Deposits : $0
EXTERIOR : Wood
FLOORING : Vinyl, W/w Carpeting
Business Name : Gabriel
Business Type : AirBnb
FORM OF OWNERSHIP : Sole Proprietor
Year Business Started : 2015
Real Estate Included : Yes
Bus Sq Ft of Bldg : 2,376 Sqft
SALE INCLUDES : Fixtures And Equipment, Inventory
LOCATION : Corner
FACILITIES : Air Conditioning Unit, Carpet
EXISTING LIC AND PERMITS : Other
EXISTING LOAN : Conventional
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : Yes
FINANCIAL DATA SOURCE : Provided By Owner
Ann Act Gross Inc : $74,227
Gross Oper Actual Inc : $74,227
Listing Type : Seller Reserved
TERMS : Cash, Conventional
Listing Service : Full Service
Special Information : None
Original Price : $449,000
Sold Price : $449,000
Previous Price : $449,000
Sale $/SqFt : $0
Comm Business Opportunity For Sale
  • Listing ID : 40939540
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 2,376 Sqft
$449,000
Agent info
Contact Agent