Skip To Content

2904 Lanning Ave

Redding, CA 96001
  • $369,000
  • STATUS: Active
  • ON SITE: 144 Days
  • ID#: 23-4063
UPDATED: 32 min ago
$369,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Description

2 BRAND NEW ROOFs Being Installed Soon! This Central Redding Duplex is nicely updated and very well maintained! This property provides an excellent cash flow for the investor with great upside potential and very low expenses. The Rear Unit is completely detached & features a spacious floor plan with 2 large bedroom & 2 full baths, Central HVAC, plus in-door laundry, a private patio, garden area and storage garage. The front unit has 2 bedrooms, 1 bath, mini-split AC, laundry room, private patio fenced front yard & a large detached garage. Act quickly to select the new rear tenant or move in and collect rent on the front unit! Maximize rental income with a potential annual gross income over $31,000 providing 7.5% CAP rate.

Monthly Payment Calculator



IDX information © 2024 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: 2024-02-28T07:58:52.073.

Licensed in the State of California.
www.searchshasta.com/homes/144182368
Print Image

2904 Lanning Ave Redding, CA 96001

  • Price: $369,000
  • Status: Active
  • On Site: 144 Days
  • Updated: 32 min ago
  • ID#: 23-4063
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1948
Built
Neighborhood:
N/A
County:
Shasta
Area:
04 - SW Redding
Property Description
2 BRAND NEW ROOFs Being Installed Soon! This Central Redding Duplex is nicely updated and very well maintained! This property provides an excellent cash flow for the investor with great upside potential and very low expenses. The Rear Unit is completely detached & features a spacious floor plan with 2 large bedroom & 2 full baths, Central HVAC, plus in-door laundry, a private patio, garden area and storage garage. The front unit has 2 bedrooms, 1 bath, mini-split AC, laundry room, private patio fenced front yard & a large detached garage. Act quickly to select the new rear tenant or move in and collect rent on the front unit! Maximize rental income with a potential annual gross income over $31,000 providing 7.5% CAP rate.
Exterior Features

All Units Include Patio Yes Parking Features Assigned Stories 1 Unit1 Parking Garage Unit1 Stories 1 Unit2 Parking Garage Unit2 Stories 1

Interior Features

All Units Include Air Conditioner Yes All Units Include Storage Yes All Units Include Washer Dryer Hookups Yes Cooling Central AirHeat Pump Unit Description2 Bedroom Yes Unit1 No Baths 1 Unit1 No Bedrooms 2 Unit1 Sq Ft 1000 Unit2 No Baths 2 Unit2 No Bedrooms 2 Unit2 Sq Ft 1300

Property Features

Compensation Buyer Agency 2.5 Compensation Disclaimer The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Listing Terms Cash to New Loan Ownership Seller Property Sub Type Residential Income Unit Type Duplex Yes

Listing provided courtesy of Nick Kerley of Realty 110, Inc.: 530-242-4114.


IDX information © 2024 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: 2024-02-28T07:58:52.073.

Licensed in the State of California.
 
https://bt-photos.global.ssl.fastly.net/shasta/1280_boomver_1_23-4063-2.jpg https://bt-photos.global.ssl.fastly.net/shasta/1280_boomver_1_23-4063-2.jpg https://bt-photos.global.ssl.fastly.net/shasta/1280_boomver_1_23-4063-2.jpg
Logo
Wise House Realty | United Realty Group
1823 Court St.
Redding CA, 96003