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2904 Lanning Ave

Redding, CA 96001
  • $355,000
  • STATUS: Active
  • ON SITE: 58 Days
  • ID#: 23-4063
UPDATED: 38 min ago
$355,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Description

Central Redding Duplex nicely updated and very well maintained! This property provides an excellent cash flow for the investor with great upside potential and very low expenses. The Rear Unit is completely detached & features a spacious floor plan with 2 large bedroom & 2 full baths, Central HVAC, plus in-door laundry, private patio, garden area and garage. The front unit has 2 bedrooms, 1 bath, mini-split AC, laundry room, private patio & a large garage. Act quickly to select the new rear tenant! Maximize rental income with a potential annual gross income over $31,000 providing 7.5% CAP rate.

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IDX information © 2023 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: 2023-12-04T10:05:19.02.

Licensed in the State of California.
www.home4realliving.com/homes/144182368
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2904 Lanning Ave Redding, CA 96001

  • Price: $355,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 38 min ago
  • ID#: 23-4063
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1948
Built
Neighborhood:
N/A
County:
Shasta
Area:
04 - SW Redding
Property Description
Central Redding Duplex nicely updated and very well maintained! This property provides an excellent cash flow for the investor with great upside potential and very low expenses. The Rear Unit is completely detached & features a spacious floor plan with 2 large bedroom & 2 full baths, Central HVAC, plus in-door laundry, private patio, garden area and garage. The front unit has 2 bedrooms, 1 bath, mini-split AC, laundry room, private patio & a large garage. Act quickly to select the new rear tenant! Maximize rental income with a potential annual gross income over $31,000 providing 7.5% CAP rate.
Exterior Features

Parking Assigned Parking Spaces Garage 2.00 Unit1 Parking Garage Unit1 Stories 1 Unit2 Parking Garage Unit2 Stories 1

Interior Features

All Units Include Air ConditionerWasher/Dryer HookupsStoragePatioCable Cool CentralHeat Pump Heat Forced AirHeat Pump Miscellaneous Smoke Detectors Unit Description 2 Bedroom Unit1 Baths 1.00 Unit1 Bedrooms 2.00 Unit1 Sq Ft 1000.00 Unit2 Baths 2.00 Unit2 Bedrooms 2.00 Unit2 Sq Ft 1300.00

Property Features

Available Terms All Cash to SellerCash to New Loan Existing Rntl Terms Month to Month GPZone NOT AVAILABLE Ownership Seller Possession Close of Escrow Unit Type Duplex Unit1 Rent 1250.00 Unit1 Unit Number 1 Unit2 Lease NONE Unit2 Rent 1450.00 Unit2 Unit Number 2 Year Built Description 30+ Zoning NOT AVAILABLE

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


IDX information © 2023 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: 2023-12-04T10:05:19.02.

Licensed in the State of California.
 
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Greentree
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