704/706 State Street, Redding, CA 96001

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List Price
$375,000
Status
ACTIVE
Days on Market
88
Price Change
▼ $19,000 1787193977
MLS#
26-3285
Subtype
Residential Income
Year Built
1934
Subdivision
N/A
Neighborhood
SW Redding
MLS Area Major
04 - Sw Redding

Property Description

Turn-key investment opportunity featuring two homes on one lot, both offering strong rental potential in a convenient location near the Sacramento River. The property is currently tenant occupied, with tenants willing to stay, making this an appealing option for investors looking for an income-producing property with minimal disruption. The newer back home features approximately 719 sq ft with 2 bedrooms, 1 bathroom, a single-car garage, central heating and air, and a spacious fenced backyard. The front home offers approximately 812 sq ft with 2 bedrooms, each featuring a walk-in closet, 1 bathroom, a bonus room, and an attached 2-car carport. Recent improvements include new interior and exterior paint, flooring, windows, water heater, and an updated bathroom with a tiled shower. With two separate residences, established occupancy, and numerous updates already completed, this property offers a compelling opportunity for investors looking to expand their rental portfolio or generate income from multiple units on one parcel.

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Calculator source: Real Geeks

Listing courtesy of Real Brokerage Technologies.