Under contract

1196 Lancers Ln, Redding, CA 96003

Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKirkland Real Estate Partners
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Overview

Prime Investment Opportunity: Turnkey, Low-Maintenance Fourplex

Centrally located with exceptional access to premier shopping, dining, and local amenities, this well-maintained fourplex offers an outstanding addition to any investment portfolio.

Each of the four expansive, 1,200-square-foot units features a highly desirable 2-bedroom, 1.5-bathroom layout designed for comfortable modern living. Attached garages provide tenants with highly sought-after privacy, security, and additional storage.

The property is engineered for low-overhead management, boasting a durable stucco exterior, a recently replaced roof, and a low-maintenance yard that minimizes ongoing upkeep costs.

Enjoy immediate, reliable cash flow with strong tenant history: the building is fully occupied, featuring a stable mix of two long-term residents and two recently executed newer leases. Generating $63,000 in annual gross rental income, this asset represents a secure, high-performing investment in a high-demand rental market.

Location

Full feature list

Basic info

Property type
Other residential
Year built
1990

Exterior features

Horse amenities
Stable

Garage and parking

Garage parking spaces
4

Utilities

Heating
Natural Gas, Forced Air

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Shasta Association of Realtors MLS®#: 26-3349 Last checked:

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