3365 ALTA MESA DRIVE, Redding, CA 96002

$649,900

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List Price
$649,900
Status
ACTIVE
Days on Market
32
MLS#
SR26210068
Subtype
Residential Income
Year Built
1963
Lot Size
13,939
Acres
0.32
MLS Area Major
Not Defined (699)

Property Description

INVESTMENT OPPORTUNITY – 100% OCCUPIED REDDING TRIPLEX! Fully leased and income-producing, this well-maintained triplex offers an excellent opportunity for investors seeking immediate rental income and long-term value. Recent capital improvements include a new roof, updated plumbing, and an updated electrical system, helping reduce near-term maintenance and capital expenditure concerns. Each of the three units features its own private garage and patio, providing desirable amenities, added privacy, and strong tenant appeal. With established tenants already in place, this property offers income from day one and attractive cap-rate potential. An excellent option for investors looking to expand their multifamily portfolio or buyers considering a 1031 exchange. 100% occupied, three private garages, private patios, and major property improvements already completed. A compelling multifamily investment opportunity in Redding, California.

Additional Information

Flooring
Carpet, Laminate
Appliances
Gas Range, Refrigerator, Water Heater
Heating
Wall Furnace
Air Conditioning
Yes
Stories
One Level
Levels
One
Pool Type
None
Parking Features
Assigned, Driveway, Garage
Garage Spaces
3
View
None

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Listing courtesy of Listing Agent: Matthew Schaller (Mschallerrealty@gmail.com) from Listing Office: Forward Rlty.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.