Description
Excellent investment opportunity just minutes from the heart of downtown Redding! This well-kept 5-unit apartment complex features a solid rental history with several long-term tenants in place. Situated close to shopping, dining, and essential services, the property offers convenience for residents and strong potential for continued rental income. Two of the units are equipped with indoor laundry hookups and come with private 2-car garages a rare find! Additional parking is available both in front and at the rear of the building. For added convenience, the complex also includes an attached coin-operated laundry facility for tenant use. Units C and E have been recently remodeled, offering updated interiors that enhance tenant appeal and rental value. The roof was replaced just a few years ago, reducing future maintenance costs for the new owner. Whether you're looking to expand your portfolio or step into multifamily investing, this is a turnkey property with proven performance and room for growth. Don't miss out!
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Excellent investment opportunity just minutes from the heart of downtown Redding! This well-kept 5-unit apartment complex features a solid rental history with several long-term tenants in place. Situated close to shopping, dining, and essential services, the property offers convenience for residents and strong potential for continued rental income. Two of the units are equipped with indoor laundry hookups and come with private 2-car garages a rare find! Additional parking is available both in front and at the rear of the building. For added convenience, the complex also includes an attached coin-operated laundry facility for tenant use. Units C and E have been recently remodeled, offering updated interiors that enhance tenant appeal and rental value. The roof was replaced just a few years ago, reducing future maintenance costs for the new owner. Whether you're looking to expand your portfolio or step into multifamily investing, this is a turnkey property with proven performance and room for growth. Don't miss out!
© 2026 Tehama County Association of Realtors. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Wise House Realty | United Realty Group. Data last updated: 2026-08-18T23:51:32.673.