3 Separate Rental Homes on 1 Parcel. Steady Cash Flow, 100% Occupied. Each Home has its own private garage and yard. Located in a convenient location in West Redding so always very easy to rent with high demand due to proximity to schools, stores & transportation. All 3 homes went through an extensive rehab in 2011 with NEWER roofs, windows, kitchens, paint, flooring, fixtures, etc. Are you looking for an investment property with a flexible seller? As Is Offers Welcome, Seller Financing May be available. Do Not Disturb Tenants! Gross Annual Income OVER $34,380 provides 7.39% CAP Rate! with Upside Potential with little or no added capital expenditure.
Off market
$420,000
2930 Favretto Ave, Redding, CA 96001
--beds
0baths
1,000sqft
MultiFamily
Built in 1938
-- sqft lot
$420,000 Zestimate®
$420/sqft
$1,776 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile
Interior area
- Total interior livable area: 1,000 sqft
Property
Parking
- Parking features: Carport, Garage - Attached, Off-street, On-street
Features
- Exterior features: Other
Lot
- Size: 7,840 sqft
Details
- Parcel number: 104230009000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1938
Community & neighborhood
Location
- Region: Redding
Other
Other facts
- Exterior: Other
- Parking: Off Street, Assigned
- Unit Description: 1 Bedroom, 2 Bedroom
- All Units Include: Air Conditioner, Storage, Washer/Dryer Hookups
- Cooling: Window
- Unit Type: Triplex
- Type: Residential Income
- Parcel Number: 104-230-009-000