550 Parsons Drive , Redding, CA 96002
Situated in a prime central Redding location, this multifamily property fea...
3 Bed 1 Bath
$579,000

Situated in a prime central Redding location, this multifamily property features three detached homes on one lot with strong rent appeal and excellent investment potential. With a current scheduled gross income of $70,800 annually, this asset functions like a turnkey triplex but with the added benefit of three stand-alone residences, each offering privacy and strong tenant demand. Two homes are 1,040 sq. ft. and the third is 840 sq. ft., and every unit includes 3 bedrooms, 1.5 baths, a private carport, indoor laundry hookups, and central heat and air, Roofs on units 550 & 552 were replaced in 2020. All homes are fully electric and connected to City of Redding water, sewer, and utilities. Just minutes from the Costco Shopping Center.
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Year Built:1972
Size:1040 Sq. Ft.
Lot Size:0.39 Acres
Lot Size:1/4 - 1/2 Acres
Price:$556.73 per Sq. Ft.
MLS ID:25-5273
Listing Type:Residential
Property Type:Single Family
Lot Type
  • Lot Type: 3 or more