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.
MLS #
ML81958608
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
2.50%
Flooring
Carpet, Vinyl/Linoleum
Cooling
Other
Heating
Wall Furnace
Roof
Composition
Foundation
Slab
Garage/Parking
Attached Garage, Garage: 4 Car(s)
Elementary District
Enterprise Elementary
High School District
Shasta Union High
Sewer
Public Sewer
Water
Public
Zoning
RM-6
# Buildings | # Leased Units | # Total Units |
---|---|---|
4 | 4 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 768 | 2 | 1/0 | $1,195 |
2 | 768 | 2 | 1/0 | $800 |
3 | 768 | 2 | 1/0 | $1,195 |
4 | 768 | 2 | 1/0 | $745 |
611 Parsons Dr is a Residential Income in Redding, CA 96002. This 3,072 square foot property sits on a 0.34 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $500,000 and was built in 1959.
This address can also be written as 611 Parsons Dr, Redding, CA 96002.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 10, 2024. For the most current information, please contact Liz Aguero, (650) 450-7668