1129 Magnolia Avenue, Redding, CA 96001

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List Price
$385,000
Status
ACTIVE UNDER CONTRACT
Days on Market
27
MLS#
26-5447
County
Shasta
Subdivision
N/A

Property Description

Welcome to an exceptional investment opportunity that checks every box: prime location, strong performance, and outstanding long-term potential. This charming, 6 bedrooms, 3 bathrooms, fully rented triplex is ideally situated in a highly desirable Magnolia district, just a short walk from award-winning schools, including University Preparatory and Shasta High, and vibrant downtown, offering unmatched convenience to top-rated restaurants, popular shopping destinations, major hospitals and medical offices. Designed to attract and retain quality tenants, the property benefits from a strong cash flow, consistently low vacancy rates, and an impressive cap rate, making it a true standout in today's market. Whether you're expanding your portfolio or securing your first multi-family investment, this property offers the perfect blend of location, performance, and future appreciation potential. Opportunities like this are rare - don't miss your chance to own a high-performing asset in a prime highly desirable location.

Additional Information

Days on market
27
Year built
1925

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Listing courtesy of Coldwell Banker Select Real Estate - Redding.