Bought with Wahlund & Co. Realty Group
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Key Details
Sold Price $875,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25-1518
Sold Date 08/08/25
Year Built 1971
Property Sub-Type Residential Income
Source Shasta Association of REALTORS®
Property Description
One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in Redding
Don't miss this rare opportunity to own a truly unique income-producing property just minutes from town! Situated on just under 9 acres in a peaceful country setting, this remarkable investment features 7 well-maintained homes and 4 rentable storage units with room for upside.
Each home offers a comfortable residential atmosphere with newer roofs, modern mini-split HVAC systems, and updated appliances—making them highly desirable for long-term tenants. Demand is consistently strong, and vacancies are rare.
In addition to the stable rental income from the homes, there's untapped potential in the four storage units, which can be leased for additional monthly revenue—pushing returns even higher.
Whether you're a seasoned investor or looking to expand your portfolio, this property presents an exceptional opportunity to generate attractive cash flow and a strong CAP rate in a desirable, semi-rural location close to all the amenities of Redding.
Opportunities like this don't come around often
Location
State CA
County Shasta
Direction Old 44 East
Interior
Cooling Heat Pump
Exterior
Parking Features Off Street
Building
Story 1
Level or Stories 1.0
Others
Senior Community No
Tax ID 111-100-015-000
Ownership Seller
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