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20522 Old 44 Drive

Redding, CA 96003
  • $999,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: 25-1518
UPDATED: 83 min ago
$999,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1971
County:

School Ratings & Info

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 appliancesmaking 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 revenuepushing 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

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IDX information © 2025 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: 2025-04-22T23:58:17.013.

Licensed in the State of California.
www.home4realliving.com/homes/162514211
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20522 Old 44 Drive Redding, CA 96003

  • Price: $999,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 83 min ago
  • ID#: 25-1518
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1971
Built
Neighborhood:
N/A
County:
Shasta
Area:
02 - NE Redding
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 appliancesmaking 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 revenuepushing 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
Exterior Features

Carport YN Yes Parking Features Off Street Stories 1

Interior Features

All Units Include Air Conditioner Yes Cooling Heat Pump

Property Features

Buyer Financing [] Construction Materials [] Listing Terms [] Ownership Seller Property Sub Type Residential Income Special Listing Conditions []

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


IDX information © 2025 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: 2025-04-22T23:58:17.013.

Licensed in the State of California.
 
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Diane Green | Northstate Real Estate Professionals
747 Auditorium Drive
Redding CA, 96001