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1071-1079 Market Street

Redding, CA 96001
  • $585,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: 25-969
UPDATED: 23 min ago
$585,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

This 3,918 SF mixed-use building features two leased residential apartments on the upper levelone 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit with a bonus roomas 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

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IDX information © 2025 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-04-25T21:58:32.11.

Licensed in the State of California.
www.searchshasta.com/homes/161356475
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1071-1079 Market Street Redding, CA 96001

  • Price: $585,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 23 min ago
  • ID#: 25-969
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1925
Built
Neighborhood:
N/A
County:
Shasta
Area:
04 - SW Redding
Property Description
This 3,918 SF mixed-use building features two leased residential apartments on the upper levelone 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit with a bonus roomas 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
Exterior Features

Parking Features Off Street Stories 1

Interior Features

Cooling []

Property Features

Buyer Financing [] Construction Materials [] Listing Terms [] Property Sub Type Residential Income Special Listing Conditions []

Listing provided courtesy of Jessica Whitlow of Cox Real Estate Consultants, INC.: 530-245-4600.


IDX information © 2025 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-04-25T21:58:32.11.

Licensed in the State of California.
 
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Wise House Realty | United Realty Group
1823 Court St.
Redding CA, 96003