1129 Magnolia Ave, Redding, CA 96001

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Listed byColdwell Banker Select Real Estate - Redding
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Overview

Welcome to an exceptional investment opportunity that checks every box: prime location, strong performance, and outstanding long-term potential. This charming, fully rented triplex is ideally situated in a highly desirable West Redding area just minutes from vibrant downtown, offering unmatched convenience to top-rated restaurants, popular shopping destinations, reputable schools, 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 exceeding 8%, making it a true standout in today's market. Each unit is well-maintained, providing immediate income and peace of mind for investors seeking a turnkey asset.

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 location.

Location

Full feature list

Basic info

Property type
Other residential
Lot size (acres)
0.12
Year built
1925

Utilities

Heating
Electric

Public schools

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Sourced from: Shasta Association of Realtors MLS®#: 26-1298 Last checked:

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