3 Separate Rental Homes on 1 Parcel. Steady Cash Flow, 100% Occupied. Each Home has its own private garage and yard. Located in a convenient location in West Redding so always very easy to rent with high demand due to proximity to schools, stores & transportation. All 3 homes went through an extensive rehab in 2011 with NEWER roofs, windows, kitchens, paint, flooring, fixtures, etc. Are you looking for an investment property with a flexible seller? As Is Offers Welcome, Seller Financing May be available. Do Not Disturb Tenants! Gross Annual Income OVER $34,380 provides 7.39% CAP Rate! with Upside Potential with little or no added capital expenditure.
Sold
$385,000
2930 Favretto Ave, Redding, CA 96001
--beds
--baths
--sqft
Multi Family
Built in 1938
-- sqft lot
$428,000 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: August 30, 2024 at 07:15pm
Listed by:
Nick R Kerley,
Realty 110, Inc.
Bought with:
Relevant Real Estate
Source: SMLS,MLS#: 22-399

Facts & features
Interior
Cooling
- Window Unit(s)
Features
- Has basement: No
Property
Parking
- Parking features: Assigned, Off Street
Features
- Stories: 1
Lot
- Size: 7,841 sqft
- Dimensions: 7,841
Details
- Parcel number: 104230009000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
Condition
- Year built: 1938
Community & neighborhood
Location
- Region: Redding
Other
Other facts
- Listing terms: Submit
Services availability

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