3365 Alta Mesa Drive

Redding, CA 96002

About this property

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.

About this property

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.

Features and Additional Information

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$649,900 Active
13,939 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
Forward Rlty
1-818-419-1380
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Area Information

699 Not Defined | Shasta County |

$ 649,900
This listing is play_arrow 35.7% higher than the average in the area
$ 479,000 in the area
13,939 SqFt
This listing is play_arrow 741.7% larger than the average in the area
1,656 SqFt in the area
$ 47 $/SqFt
This listing is play_arrow 83.9% less than the average in the area
$ 289 $/SqFt in the area
32 days on site
This listing is play_arrow 56.8% below the average in the area
74 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Matthew Schaller
Brokerage: Forward Rlty

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