2176 Placer Street
$985,000
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Description
Seize the opportunity to own a distinctive multi-family property in the vibrant heart of downtown Redding. Perfectly situated at the corner of Placer and Magnolia, this property features four turnkey apartments with covered parking and a charming 3-bedroom, 1-bathroom house. Whether you live in the house while renting out the apartments, or lease all units for maximum cash flow, this property offers exceptional flexibility and potential. Completely updated inside and out, it boasts new windows, a...Seize the opportunity to own a distinctive multi-family property in the vibrant heart of downtown Redding. Perfectly situated at the corner of Placer and Magnolia, this property features four turnkey apartments with covered parking and a charming 3-bedroom, 1-bathroom house. Whether you live in the house while renting out the apartments, or lease all units for maximum cash flow, this property offers exceptional flexibility and potential. Completely updated inside and out, it boasts new windows, a roof just recently installed on the apartments, and stylish modern finishes. Currently fully occupied with a 13.5 GRM. This property delivers a solid performance. This is a prime investment opportunity you won't want to miss.
- Listed by Kelly Campbell • DRE #1393701 • Waterman Real EstateP: (530)-227-0553 C: (530)-227-0553 kellysellsredding@gmail.com
Property Details for 2176 Placer Street
Subdivision Name
N/A
LISTING UPDATED: 11/26/2024 01:55 PM
Property Details for 2176 Placer Street
Status | Active |
---|---|
MLS # | 24-2345 |
Days on Compass | 184 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Residential Income |
Year Built | 1936 |
Lot Size | 0.21 AC / 9,148 SF |
County | Shasta County |
Building Information for 2176 Placer Street
Stories2Residences-Year Built1936Building Size-Lot Size0.21 AC / 9,148 SF
Property Information for 2176 Placer Street
Property History for 2176 Placer Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2176 Placer Street
Taxable ValueLand$153,000Additions$790,500Total$943,500
Tax Record2024$9,941 ($828 / month)
Home Facts
Baths5Total Finished SqFt1,390 SqFtAbove Grade Finished SqFt1,390 SqFtStories1Lot Size9,147 SqFtStyleMulti-Family Res (5+ Units)Year Built1936CountySHASTAAPN105-340-009-000Fireplace TypeHas Fireplace
Schools near 2176 Placer Street
This home is within Redding Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 4 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Cypress Elementary School PublicK to 5 | ||
Sequoia Middle School Public4 to 8 | ||
Shasta High School Public9 to 12 | ||
University Preparatory School Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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