Homes with Expansion Potential This unique residential income property presents a fantastic opportunity for investors! Situated in a prime location near shopping, transportation, and essential amenities, this offering includes three separate homes and a spacious lot that may allow for future expansion. The main home features three bedrooms, 1.5 baths, a fenced yard, a carport, and additional storage, making it an ideal rental or owner-occupied residence. The two additional homes each offer two bedrooms and one bath, providing comfortable living spaces for tenants. All three homes were updated four years ago with new roofs, flooring, and fresh paint, ensuring a modern and well-maintained living environment for tenants. With multiple rental units already in place and the potential for further development, this property is a rare find in today's market. Don't miss this chance to own a versatile investment with excellent income potential!
This charming duplex in East Redding offers an excellent opportunity for investors seeking strong cash flow with minimal management. Featuring two spacious units, each with two large bedrooms, one full bathroom, and an open kitchen with room for a dining table, this property is designed for comfortable living. Both units include heating and evaporative cooler, an attached one-car garage with washer/dryer hook-ups, and a private backyard. The ample off-street parking adds convenience for tenants and guests. With one of the lowest price points in town, this duplex presents tremendous upside potential for both entry-level investors and seasoned pros looking to expand their portfolios. Located in a high-demand rental area close to shopping, dining, and local amenities, this property is primed to generate excellent returns. Don't miss out on this rare investment opportunity!
Great Investment Opportunity Awaits in Redding CA. Nice 4 Unit Townhome property which is fully tenanted. Property consists of 4 units, all 2 bedroom 2 bath units, with large 2 car attached garages. Ample parking, functional floor plans.
Unbelievable opportunity to buy 8 vintage cottages in ideal location just blocks from dining, shopping, and other area amenities. Each cottage features 2 bedrooms/1 bath, onsite laundry closets, assigned parking and private yard areas. Some units have new roofs, mini-splits, and upgraded electrical service. Situated in a single family home subdivision, tenants enjoy a quiet street, little through traffic, and lower density than most residential income properties. Very stable tenant base with little turnover makes this offering attractive to the investor seeking long-term returns with ease of management.
Nestled on a quiet cul-de-sac, this multi-unit property is conveniently located near shopping, dining and transportation in the heart of Redding, CA. Each apartment offers a townhouse style layout with two spacious bedrooms, a jack n' jill full bathroom, an open concept kitchen/living room, an additional half bath, and a private back patio. The property also features off-street covered parking, new roofs and gutters, updated windows, new fencing, and low-maintenance landscaping. One of the four units has recently been updated with luxury vinyl flooring, updated fixtures, modern appliances and fresh paint. Don't miss out on this Prime Investment Opportunity.
Nestled on a quiet cul-de-sac, this multi-unit property is conveniently located near shopping, dining, and transportation in the heart of Redding, Ca. Three of the four units are currently rented on a month-to-month basis, while the vacant unit has been recently updated with luxury vinyl flooring, modern appliances, and fresh paint. Each apartment offers a Townhouse style layout with two spacious bedrooms, a Jack n' Jill full bathroom, an open concept kitchen/living room, an additional half bath, and a private back patio. The property also features off-street covered parking, a coin-operated laundry room, new roofs and gutters, updated windows, new fencing, and low-maintenance landscaping. This prime investment property generates close to $50,000 in gross income with a 6.25% CAP Rate, making it an excellent opportunity for savvy investors. Please respect the tenants' privacy. This property is also listed with 1275 Wurch Way, and the seller prefers to sell both properties together.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
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The median home value in Redding, CA is $389,900. This is higher than the county median home value of $339,100. The national median home value is $338,100. The average price of homes sold in Redding, CA is $389,900. Approximately 50.57% of Redding homes are owned, compared to 42.2% rented, while 7.23% are vacant. Redding real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Redding real estate agent to arrange a tour today!
Redding, California 96002 has a population of 93,251. Redding 96002 is more family-centric than the surrounding county with 26.11% of the households containing married families with children. The county average for households married with children is 25.72%.
The median household income in Redding, California 96002 is $60,624. The median household income for the surrounding county is $61,937 compared to the national median of $69,021. The median age of people living in Redding 96002 is 38.6 years.
The average high temperature in July is 96.9 degrees, with an average low temperature in January of 37.8 degrees. The average rainfall is approximately 37.9 inches per year, with 1.3 inches of snow per year.