1071-1079 Market, Redding, CA 96001
This 3,918 SF mixed-use building features two leased residential apartments...
$585,000
This 3,918 SF mixed-use building features two leased residential apartments on the upper level--one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit with a bonus room--as well as two ground-floor commercial spaces currently leased on a month-to-month basis at below-market rents. Ideal for an owner-user or investor, you can occupy one or both commercial units for your business while generating income from the remaining leased spaces. Each of the four units is separately metered for electricity. Annual gross rental income is $56,880, with a Gross Rent Multiplier (GRM) of 10.28. Note: This property is also listed under MLS 25-939
Schedule a Showing
Year Built:1925
MLS ID:25-969
Listing Type:Residential Income
Property Type:Residential Income
Area
  • Area: 04 - SW Redding