704/706 State Street , Redding, CA 96001
Turn-key investment opportunity featuring two homes on one lot, both offeri...
4 Bed 2 Bath
$375,000

Turn-key investment opportunity featuring two homes on one lot, both offering strong rental potential in a convenient location near the Sacramento River. The property is currently tenant occupied, with tenants willing to stay, making this an appealing option for investors looking for an income-producing property with minimal disruption.The newer back home features approximately 719 sq ft with 2 bedrooms, 1 bathroom, a single-car garage, central heating and air, and a spacious fenced backyard.The front home offers approximately 812 sq ft with 2 bedrooms, each featuring a walk-in closet, 1 bathroom, a bonus room, and an attached 2-car carport. Recent improvements include new interior and exterior paint, flooring, windows, water heater, and an updated bathroom with a tiled shower.With two separate residences, established occupancy, and numerous updates already completed, this property offers a compelling opportunity for investors looking to expand their rental portfolio or generate income from multiple units on one parcel.
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Year Built:1934
Size:1531 Sq. Ft.
Lot Size:0.24 Acres
Lot Size:Less 1/4 Acres
Price:$244.94 per Sq. Ft.
MLS ID:26-3281
Listing Type:Residential
Property Type:Single Family
Area
  • Area: 04 - Redding SW
  • Exterior
  • Exterior: Stucco,Wood Siding,Wood
  • Fireplaces
  • Fireplace: None
  • Garage
  • Attached Garage: 0.00
  • Lot Type
  • Lot Type: 2 on a Lot,City Lot
  • Pool
  • Pool: None
  • View
  • View: Filter
  • Year Built
  • Year Built: 30+