For Sale Multi-Family MLS# 26-3285

704/706 State Street

Redding, CA 96001

$375,000

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About 704/706 State Street

Turn-key investment opportunity featuring two homes on one lot, both offering strong rental potential in a convenient location near the Sacramento River. The property is currently tenant occupied, with tenants willing to stay, making this an appealing option for investors looking for an income-producing property with minimal disruption.

The newer back home features approximately 719 sq ft with 2 bedrooms, 1 bathroom, a single-car garage, central heating and air, and a spacious fenced backyard.

The front home offers approximately 812 sq ft with 2 bedrooms, each featuring a walk-in closet, 1 bathroom, a bonus room, and an attached 2-car carport. Recent improvements include new interior and exterior paint, flooring, windows, water heater, and an updated bathroom with a tiled shower.

With two separate residences, established occupancy, and numerous updates already completed, this property offers a compelling opportunity for investors looking to expand their rental portfolio or generate income from multiple units on one parcel.

Property details

Property

Type
Residential Income
MLS type
Multi Family Home
Status
Active
Year built
1934
Original price
$394,000
MLS #
26-3285

Exterior & lot

Lot
104-350-036-000

Schools

District
Shasta Union High School District

Financial

Financial
Shasta Association of REALTORS®
Parcel
104-350-036-000

Location

Area
04 - SW Redding
County
Shasta
Neighborhood
Parkview
Directions
Cypress Ave to Parkview Ave, left on Leland Ave, left on State St to the property on the left
Subdivision
N/A

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Listed by Faith Barrett, Real Brokerage Technologies

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.