1253 Brandon, Redding, CA 96003
$1,750,000
1253 Brandon
Redding, CA 96003
$1,750,000

1253 Brandon Redding, CA 96003
Discover an exceptional investment opportunity with this well-maintained 11-unit complex, complete with single-car attached garages for tenant convenience. Centrally located, it's just minutes from shopping, dining, and entertainment--making it an ideal rental property with high tenant demand. Currently generating an annual gross scheduled income of $139,860, the property offers further income potential with fair market rents projected to raise annual income to an estimated $171,600. With a strong rental history, low vacancy rates, and excellent prospects for long-term appreciation in a thriving area, this property is a solid addition to any portfolio. Opportunities like this are rare, so act fast to secure steady cash flow and growth potential!
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Price$1,750,000
Listing TypeResidential Income
Property TypeResidential Income
Area03 - SE Redding
MLS Listing ID24-4656
Published Date10/31/2024 4:59:00 PM 1 day ago
Listing Modified10/31/2024 4:59:00 PM 1 day ago

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