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Pine Mountain Properties
3365 ALTA MESA DRIVE, Redding, CA 96002
- $649,900
List Agent Matthew Schaller () Forward Rlty; CoList ()
- List Price
- $649,900
- Status
- ACTIVE
- MLS#
- SR26210068
- Year Built
- 1963
- Lot Size
- 13,939
- Lot Location
- No Landscaping
- Days on Market
- 8
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
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.
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Additional Information
- Appliances
- Gas Range, Refrigerator, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.