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2176 Placer Street

Redding, CA 96001
  • $856,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: 25-1352
Price Reduced
UPDATED: 26 min ago
$856,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Description

HUGE Price reduction! Over $100,000 below previous appraised value! Opportunity is knocking and the savvy investor is going to jump on this rare chance to own a distinctive multi-family property right in the heart of downtown Redding. This fully updated property features four turn-key apartments with covered parking, plus a charming 3-bedroom, 1-bath home. Live in the house while generating rental income from the apartments, or lease all units for maximum cash flow. Thoughtfully renovated inside and out with modern finishes and new windows, this income-producing property is currently fully occupied with room for upside potential CASH FLOW!

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IDX information © 2025 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated: 2025-04-29T20:58:20.613.

Licensed in the State of California.
www.wahlundteam.com/homes/162240779
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2176 Placer Street Redding, CA 96001

  • Price: $856,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 26 min ago
  • ID#: 25-1352
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1936
Built
Neighborhood:
N/A
County:
Shasta
Area:
01 - NW Redding
Property Description
HUGE Price reduction! Over $100,000 below previous appraised value! Opportunity is knocking and the savvy investor is going to jump on this rare chance to own a distinctive multi-family property right in the heart of downtown Redding. This fully updated property features four turn-key apartments with covered parking, plus a charming 3-bedroom, 1-bath home. Live in the house while generating rental income from the apartments, or lease all units for maximum cash flow. Thoughtfully renovated inside and out with modern finishes and new windows, this income-producing property is currently fully occupied with room for upside potential CASH FLOW!
Exterior Features

Parking Features AssignedOff StreetOn Street Stories 1

Interior Features

All Units Include Air Conditioner Yes Cooling Central AirEvaporative Cooling Unit1 No Baths 1 Unit1 No Bedrooms 2 Unit2 No Baths 1 Unit2 No Bedrooms 3 Unit3 No Baths 1 Unit3 No Bedrooms 1 Unit4 No Baths 1 Unit4 No Bedrooms 1 Unit5 No Baths 1 Unit5 No Bedrooms 3

Property Features

Buyer Financing [] Construction Materials [] Listing Terms Cash to New Loan Ownership Seller Property Sub Type Residential Income Special Listing Conditions []

Listing provided courtesy of Nick Kerley of Realty 110, Inc.: 530-242-4114.


IDX information © 2025 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated: 2025-04-29T20:58:20.613.

Licensed in the State of California.
 
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Wahlund and Co. Realty Group
2580 Victor Avenue
Redding CA, 96002