1114 Orange Avenue, Redding, CA 96001

Property Description

Excellent investment opportunity featuring a well-maintained 6-unit apartment complex in a prime location convenient to schools, shopping, and downtown. The property is fully leased and offers a desirable unit mix of four 2-bedroom/1-bath units and two 3-bedroom/1-bath units. Recent improvements include a new roof, fresh exterior paint and newly rebuilt stairs and balcony, helping reduce maintenance concerns for the next owner. Each unit features an open floor plan, spacious kitchen, and dedicated covered parking. With over $78,000 in annual gross income, this turnkey multifamily property still has room for growth. This provides an attractive opportunity for an investor seeking an established income-producing asset with a strong unit mix and convenient location. A solid addition to any portfolio with key property improvements already completed.