Redding, CA 96002,611 Parsons DR

$500,000

Est. payment /mo

$490,000

2.0%
Est.Price: ?

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611 Parsons DR Redding, CA 96002

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

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

Julian Esparza

Realtor | License ID: 02074599

+1(619) 382-0383

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