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Brian Aarestad, Sales Associate
SOLD
$500,000
Date 05/10/2024

611 Parsons Drive
Redding, CA 96002

Fourplex
Residence
3,072
Sqft
0.34
Lot Size
Listing Agent: Liz Aguero CalDRE: 01829079 - eXp Realty of California Inc
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.
ML81958608
Fourplex, 1 Story
Shasta
1959
0.34 Acres
Public
1
Public Sewer
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Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Listing Agent: Liz Aguero CalDRE: 01829079 - eXp Realty of California Inc
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