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 1243 Wurch Way, and the seller prefers to sell both properties together.
Courtesy: Shasta Living Real Estate
530-510-8880
Welcome to Seven Lakes, family-owned since the 1970s, ''Seven Lakes'' is a hunting and fishing ranch located in Redding, California. This one-of-a-kind property offers three (3) separate homes - live in one and rent the other two; First house is a manufactured home approx. 2,595sf, 3BR/2BA, office and a custom-built pool with outdoor kitchen & shower. The second house is a custom built3BR/2BA home, approx. 1,994 sqft. built by Palomar Construction. Third house is a 2BR/1BA home. Enjoy 160 acres with panoramic views and the Shasta Cascade region as the backdrop! Recreation abounds at Seven Lakes, bass fishing, duck, goose and pheasant hunting, this property is a dream for the outdoor enthusiast. Also see MLS # 24-47.
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Redding is located in California. Redding, California has a population of 93,251. Redding is more family-centric than the surrounding county with 25.75% 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 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 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.
