Redding, CA 96003
$585,000
Rare 3-Bedroom Fourplex FIXER-UPPER Opportunity off Lake Boulevard
A truly unique multi-family investment opportunity, fourplex offers a unit mix that is extremely difficult to find in today's market. Located off Lake Boulevard, the property consists of four spacious 3-bedroom, 2-bathroom units, each featuring indoor laundry, central heating and air, a detached one-car garage, and an additional off-street parking space.
Owned by the same owner for decades, the property has meaningful long-term upside. The rare 3-bedroom layout provides strong tenant appeal, broader renter demand, and the potential to command premium rents compared to the more common 1- and 2-bedroom apartment inventory in the area.
The property features ample paved parking, detached garages, low-maintenance grounds, and a functional layout that supports long-term tenant retention. This is an excellent fit for investors looking for a well-located fourplex with both current stability and future income growth.
Questions on 3320 Magnums Way, Redding, CA 96003, or want to see it in person?
Listed by Nick Kerley, Realty 110, Inc.