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2176 Placer St

Redding, CA 96001
  • $985,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 24-2345
$985,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Description

Seize the opportunity to own a distinctive multi-family property in the vibrant heart of downtown Redding. Perfectly situated at the corner of Placer and Magnolia, this property features four turnkey apartments with covered parking and a charming 3-bedroom, 1-bathroom house. Whether you live in the house while renting out the apartments, or lease all units for maximum cash flow, this property offers exceptional flexibility and potential. Completely updated inside and out, it boasts new windows, a roof just recently installed on the apartments, and stylish modern finishes. Currently fully occupied with a 13.5 GRM. This property delivers a solid performance. This is a prime investment opportunity you won't want to miss.

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IDX information © 2024 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-06-19T23:59:00.62.

Licensed in the State of California.
www.search530.com/homes/150984297
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2176 Placer St Redding, CA 96001

  • Price: $985,000
  • Status: Active
  • On Site: 22 Days
  • ID#: 24-2345
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1936
Built
Neighborhood:
N/A
County:
Shasta
Area:
01 - NW Redding
Property Description
Seize the opportunity to own a distinctive multi-family property in the vibrant heart of downtown Redding. Perfectly situated at the corner of Placer and Magnolia, this property features four turnkey apartments with covered parking and a charming 3-bedroom, 1-bathroom house. Whether you live in the house while renting out the apartments, or lease all units for maximum cash flow, this property offers exceptional flexibility and potential. Completely updated inside and out, it boasts new windows, a roof just recently installed on the apartments, and stylish modern finishes. Currently fully occupied with a 13.5 GRM. This property delivers a solid performance. This is a prime investment opportunity you won't want to miss.
Exterior Features

Carport YN Yes Parking Features Off StreetOn Street Stories 2

Interior Features

Cooling Central AirEvaporative Cooling Unit Description1 Bedroom Yes Unit Description2 Bedroom Yes Unit Description3 Bedroom Yes Unit1 No Baths 1 Unit1 No Bedrooms 3 Unit2 No Baths 1 Unit2 No Bedrooms 2 Unit3 No Baths 1 Unit3 No Bedrooms 3 Unit4 No Baths 1 Unit4 No Bedrooms 1 Unit5 No Baths 1 Unit5 No Bedrooms 1

Property Features

Compensation Disclaimer The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Construction Materials Stucco Listing Terms Cash to New LoanCash Ownership Seller Property Sub Type Residential Income Unit Type Five Or More Yes

Listing provided courtesy of Kelly Campbell of Waterman Real Estate: 530-691-4444.


IDX information © 2024 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-06-19T23:59:00.62.

Licensed in the State of California.
 
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Waterman Real Estate
1760 Churn Creek Rd.
Redding CA, 96002