20522 Old 44, Redding, CA 96003
One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in ReddingDon...
$999,000
One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in ReddingDon't miss this rare opportunity to own a truly unique income-producing property just minutes from town! Situated on just under 9 acres in a peaceful country setting, this remarkable investment features 7 well-maintained homes and 4 rentable storage units with room for upside.Each home offers a comfortable residential atmosphere with newer roofs, modern mini-split HVAC systems, and updated appliances--making them highly desirable for long-term tenants. Demand is consistently strong, and vacancies are rare.In addition to the stable rental income from the homes, there's untapped potential in the four storage units, which can be leased for additional monthly revenue--pushing returns even higher.Whether you're a seasoned investor or looking to expand your portfolio, this property presents an exceptional opportunity to generate attractive cash flow and a strong CAP rate in a desirable, semi-rural location close to all the amenities of Redding.Opportunities like this don't come around often
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Year Built:1971
MLS ID:25-1518
Listing Type:Residential Income
Property Type:Residential Income
Area
  • Area: 02 - NE Redding