Thank you
Liz Aguero
eXp Realty of California Inc
858-494-2...
An exceptional investment opportunity awaits with this multi-family residential property, boasting a standalone structure that ensures a positive cash flow. Situated in a prime location, the property offers convenience and accessibility, making it an attractive option for potential renters. Key Features - Positive Cash Flow: The property generates substantial income, exceeding operational costs, resulting in a profitable investment; Great Location: Nestled in a vibrant neighborhood, residents enjoy proximity to essential stores, delightful shopping experiences, and a variety of dining options; Accessibility: Located just minutes away from major highways, this property provides easy access for commuting, travel, and leisure activities. Investment Highlights - High Demand Area: The demand for multi-family homes in this area is on the rise, ensuring consistent occupancy rates; Growth Potential: With the potential for value appreciation and rent increases, investors can look forward to long-term+ financial gains; Community Amenities: Residents benefit from local parks, schools, and community centers, enhancing the living experience and rental appeal.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1064689924 | 0 | 2 | 0 | 0 |
2 | 1064689924 | 0 | 2 | 0 | 0 |
3 | 1064689924 | 0 | 2 | 0 | 0 |
4 | 1064689924 | 0 | 2 | 0 | 0 |
Total Baths: 0
Water Source : Public
Sewer : Public Sewer
Roof : Composition
Flooring: Carpet
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1959
Building Area Total: 3,072
Roof: Composition
Slab
Parking
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.34
Lot Size Source: Other
Lot Size Square Feet: 14810
Original List Price: 490,000
Listing Contract Date: 2024-03-22
Listing Agreement: Seller Reserved
Parcel Number: 107490019000
Lease Term: Negotiable
Source Listing Status: Pending
Source Neighborhood:
Directions: Cross Street: Bechelli Lane
Zoning: RM-6
Source Property Type: Residential Income
Property SubType: Quadruplex
Property Age: 65
Structure Type: Quadruplex
Year Built Source: Other
Total Square Feet Living: 3072
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Amigo Way, Redding, CA,96002 | $425,000 | 4 | 2 | 1,743 | -- |
6314 Quail Creek Road, Redding, CA,96002 | $2,650,000 | 4 | 3 | 3,628 | 182952 Sqft |
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ByOwner last updated this listing 05/02/2024 @ 07:31
MLS: ML81958608
LISTED BY: Liz Aguero, eXp Realty of California Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.