REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tera Rench

terarenchre@gmail.com +1(262) 370-7299

$649,900

Est. payment - /mo

0.32 Acres Lot

Save

Open House

Sun Oct 18, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26210068

HOA Y/N No

Year Built 1963

Lot Size 0.320 Acres

Property Sub-Type Triplex

Property Description

INVESTMENT OPPORTUNITY – 100% OCCUPIED REDDING TRIPLEX! Fully leased and income-producing, this well-maintained triplex offers an excellent opportunity for investors seeking immediate rental income and long-term value. Recent capital improvements include a new roof, updated plumbing, and an updated electrical system, helping reduce near-term maintenance and capital expenditure concerns. Each of the three units features its own private garage and patio, providing desirable amenities, added privacy, and strong tenant appeal. With established tenants already in place, this property offers income from day one and attractive cap-rate potential. An excellent option for investors looking to expand their multifamily portfolio or buyers considering a 1031 exchange. 100% occupied, three private garages, private patios, and major property improvements already completed. A compelling multifamily investment opportunity in Redding, California.

Location

State CA

County Shasta

Area 699 - Not Defined

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplace No

Appliance Gas Range, Refrigerator, Water Heater

Laundry In Kitchen

Exterior

Parking Features Assigned, Driveway, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Accessibility Parking

Total Parking Spaces 6

Private Pool No

Building

Lot Description No Landscaping

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 110040019000

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Matthew Schaller Forward Rlty 818-519-4145, DRE #02237678

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

3365 ALTA MESA DRIVE Redding, CA 96002