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2962 Lanning Ave

Redding, CA 96001
  • $495,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: 24-2229
Price Reduced
UPDATED: 87 min ago
$495,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

Description

TURN-KEY with an incredible investment return of 8% CAP Rate & over $49,000 in gross annual income.! Exceptional property offering 3 INCOME STREAMS with little to no maintenance and VERY LOW landlord expenses! This unique TRI-PLEX includes a spacious single-family home and a freshly RENOVATED Duplex, perfect for extended family or CASH FLOW. The single-family home has a open floor plan, featuring 3 generously sized bedrooms, a spacious bathroom, indoor laundry, private backyard & garage, PLUS a newer roof & HVAC. The duplex, meticulously redesigned from the studs, offers brand-new interiors and exteriors, complete with new Kitchens, New Bathrooms, New Floors, New Appliances, NEW AC units & a NEW roof. Don't miss this rare opportunity!

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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: 2024-07-18T07:59:01.933.

Licensed in the State of California.
www.searchshasta.com/homes/150752567
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2962 Lanning Ave Redding, CA 96001

  • Price: $495,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 87 min ago
  • ID#: 24-2229
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1943
Built
Neighborhood:
N/A
County:
Shasta
Area:
04 - SW Redding
Property Description
TURN-KEY with an incredible investment return of 8% CAP Rate & over $49,000 in gross annual income.! Exceptional property offering 3 INCOME STREAMS with little to no maintenance and VERY LOW landlord expenses! This unique TRI-PLEX includes a spacious single-family home and a freshly RENOVATED Duplex, perfect for extended family or CASH FLOW. The single-family home has a open floor plan, featuring 3 generously sized bedrooms, a spacious bathroom, indoor laundry, private backyard & garage, PLUS a newer roof & HVAC. The duplex, meticulously redesigned from the studs, offers brand-new interiors and exteriors, complete with new Kitchens, New Bathrooms, New Floors, New Appliances, NEW AC units & a NEW roof. Don't miss this rare opportunity!
Exterior Features

Parking Features Off StreetOn Street Stories 1 Unit1 Parking Garage/Off Street

Interior Features

All Units Include Air Conditioner Yes All Units Include Washer Dryer Yes Unit Description1 Bedroom Yes Unit Description3 Bedroom Yes Unit1 No Baths 1 Unit1 No Bedrooms 3 Unit1 Sq Ft 1362 Unit2 No Baths 1 Unit2 No Bedrooms 1 Unit3 No Baths 1 Unit3 No Bedrooms 1

Property Features

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 LoanFHA/VA Ownership Seller Property Sub Type Residential Income Unit Type Triplex 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: 2024-07-18T07:59:01.933.

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