1604 Willis St, Redding, CA 96001
4 Plex in Downtown Needs TLC but Has Huge Potential! This 4 plex is located...
$374,900
Listing Status: Pending
Please Note:This listing was last updated on 4/2/2024 but is no longer listed.
4 Plex in Downtown Needs TLC but Has Huge Potential! This 4 plex is located in the heart of downtown and is just steps away from all the attractions Redding has to offer. Unit #3 is a 2 Bedroom 1.5 Bath displayed in the photos, which has been updated and is rent ready. Units 1, 2 & 4 need TLC, all the units are spacious and have good bones, they just need some updating to bring them up to date & maximize their rental value. With some work & vision, you could turn this property into a profitable rental with 4 streams of income. Or, you could renovate & sell for a profit. Either way, this is a great opportunity to get into the real estate investment market in an up and coming location. Seller will consider financing with $80,000 down, 8% interest, due & payable in 18 months subject to offer
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Year Built:1972
MLS ID:24-895
Listing Type:Residential Income
Property Type:Residential Income
Area
  • Area: 04 - SW Redding