2926 Favretto Avenue, Redding, CA 96001

$389,000

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List Price
$389,000
Status
ACTIVE
Price Change
▼ $5,000 1787965320
Days on Market
84
MLS#
26-2953
County
Shasta
Subdivision
N/A

Property Description

3 bedroom house PLUS Duplex! Each with their own garages, fully rented bringing in $3,640.00 per month!! The front home features 3 bedrooms, 1 bathroom, an attached garage, gated driveway, and its own fully fenced private yard. Recent new floors, paint and updating. The duplex offers an upstairs 1-bedroom, 1-bath unit with newer flooring and paint, a private balcony, and its own garage. The downstairs studio unit also includes a private garage and fenced yard and has been extensively remodeled with a new kitchen, bathroom, flooring, paint, and appliances. Each unit has its own private laundry hookups, and tenants pay utilities. With all three units currently rented, this property offers immediate income and steady cash flow, with current leases totaling $43,680 annually. A great opportunity for an investor looking for a fully occupied income-producing property!

Additional Information

Days on market
84
Year built
1938

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Calculator source: Real Geeks

Listing courtesy of Move Realty.