For Sale Multi-Family MLS# 20261274

1535 CYPRESS AVENUE

Redding, CA 96002

$480,000

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About 1535 CYPRESS AVENUE

Three homes, two parcels, and countless possibilities! This unique Redding property offers an exciting opportunity for multi-generational living, owner occupancy with rental income, or a three-home investment portfolio. The largest residence, 1535 E Cypress Avenue, is vacant and ready for its next chapter. It features approximately 1,394 square feet, three bedrooms, one-and-a-half bathrooms, and a carport. Also vacant, 1537 E Cypress Avenue offers approximately 900 square feet with two bedrooms and one bathroom. The third residence, 1531 E Cypress Avenue, provides approximately 600 square feet with two bedrooms and one bathroom and is currently tenant-occupied. Live in one and let the other two help offset your housing expenses, create a convenient arrangement for extended family, or rent all three for multiple income streams. Situated on two APNs—067-480-002-000 and 067-480-003-000—this versatile property presents a rare opportunity with plenty of potential in a convenient Redding location.

Property details

Property

Type
multi
MLS type
ResidentialIncome
Status
Active
Year built
1938
Lot
0.6 AC
Original price
$500,000
MLS #
20261274

Financial

Special conditions
Standard

Location

County
Shasta
Directions
I-5 to East Cypress, on right hand side between Oxford and Heather Lane

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Listed by Coldwell Banker Select Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.