Sold Multi-Family MLS# 26-5915

2926 Favretto Avenue

Redding, CA 96001

$375,000

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About 2926 Favretto Avenue

3 bedroom house PLUS Duplex! Each with their own garages, fully rented bringing in $3,640.00 per month!! The front home features 3 bedrooms, 1 bathroom, an attached garage, gated driveway, and its own fully fenced private yard. Recent new floors, paint and updating. The duplex offers an upstairs 1-bedroom, 1-bath unit with newer flooring and paint, a private balcony, and its own garage. The downstairs studio unit also includes a private garage and fenced yard and has been extensively remodeled with a new kitchen, bathroom, flooring, paint, and appliances. Each unit has its own private laundry hookups, and tenants pay utilities. With all three units currently rented, this property offers immediate income and steady cash flow, with current leases totaling $43,680 annually. A great opportunity for an investor looking for a fully occupied income-producing property!

Property details

Property

Type
Residential Income
MLS type
Multi Family Home
Status
Closed
Year built
1938
Original price
$375,000
MLS #
26-5915

Exterior & lot

Lot
104-230-008-000
Parking
Off Street, On Street

Schools

District
Shasta Union High School District

Financial

Financial
Shasta Association of REALTORS®
Parcel
104-230-008-000

Location

Area
SW Redding
County
Shasta
Neighborhood
Parkview
Directions
Grange to Favretto
Subdivision
N/A

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Listed by Bobby Brown, Move Realty

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.