2176 Placer St, Redding, CA 96001
$985,000
2176 Placer St
Redding, CA 96001
$985,000

2176 Placer St Redding, CA 96001
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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Price$985,000
Year Built1936
Listing TypeResidential Income
Property TypeResidential Income
Area04 - SW Redding
MLS Listing ID24-2345
Published Date5/27/2024 12:00:00 PM 143 days ago
Listing Modified10/14/2024 9:57:00 AM 3 days ago

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