Redding, CA 96002,611 Parsons DR

$500,000

$490,000

2.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,072 SqFt


SOLD DATE : 05/10/2024

Key Details

Sold Price $500,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,072 sqft

Price per Sqft $162

MLS Listing ID ML81958608

Sold Date 05/10/24

HOA Y/N No

Year Built 1959

Lot Size 0.340 Acres

Property Description

An exceptional investment opportunity awaits with this multi-family residential property, boasting a standalone structure that ensures a positive cash flow. Situated in a prime location, the property offers convenience and accessibility, making it an attractive option for potential renters. Key Features - Positive Cash Flow: The property generates substantial income, exceeding operational costs, resulting in a profitable investment; Great Location: Nestled in a vibrant neighborhood, residents enjoy proximity to essential stores, delightful shopping experiences, and a variety of dining options; Accessibility: Located just minutes away from major highways, this property provides easy access for commuting, travel, and leisure activities. Investment Highlights - High Demand Area: The demand for multi-family homes in this area is on the rise, ensuring consistent occupancy rates; Growth Potential: With the potential for value appreciation and rent increases, investors can look forward to long-term+ financial gains; Community Amenities: Residents benefit from local parks, schools, and community centers, enhancing the living experience and rental appeal.

Location

State CA

County Shasta

Zoning RM-6

Interior

Heating Wall Furnace

Flooring Carpet

Fireplace No

Exterior

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

Roof Type Composition

Accessibility Parking

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Tax ID 107490019000

Financing Conventional

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Liz Aguero • eXp Realty of California Inc
Bought with Liz Aguero • eXp Realty of California Inc
agent-avatar

+1(858) 465-0993

lizz@lizzisyourrealtor.com

27465 Jefferson Ave # 117, Temecula, California, 92590

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.