Redding, CA 96001,2962 Lanning Ave
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Redding, CA 96001,2962 Lanning Ave
Redding, CA 96001,2962 Lanning Ave
Redding, CA 96001,2962 Lanning Ave
Redding, CA 96001,2962 Lanning Ave
Listed by Nick R Kerley • Realty 110, Inc.
Bought with Shasta Sotheby's International Realty

$485,000

Est. payment /mo

$495,000

2.0%
Est.Price: ?

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2962 Lanning Ave Redding, CA 96001

SOLD DATE : 08/29/2024

Key Details

Sold Price $485,000

Property Type Single Family Home

Sub Type Residential Income

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24-2229

Sold Date 08/29/24

Originating Board Shasta Association of REALTORS®

Year Built 1943

Lot Dimensions 10,454

Property Description

TURN-KEY with an incredible investment return of 8% CAP Rate & over $49,000 in gross annual income.! Exceptional property offering 3 INCOME STREAMS with little to no maintenance and VERY LOW landlord expenses! This unique TRI-PLEX includes a spacious single-family home and a freshly RENOVATED Duplex, perfect for extended family or CASH FLOW. The single-family home has a open floor plan, featuring 3 generously sized bedrooms, a spacious bathroom, indoor laundry, private backyard & garage, PLUS a newer roof & HVAC. The duplex, meticulously redesigned from the studs, offers brand-new interiors and exteriors, complete with new Kitchens, New Bathrooms, New Floors, New Appliances, NEW AC units & a NEW roof. Don't miss this rare opportunity!

Location

State CA

County Shasta

Direction Parkview to Lanning

Exterior

Garage Off Street, On Street

Parking Type Off Street, On Street

Building

Story 1

Level or Stories 1.0

Others

Senior Community No

Tax ID 104-230-028-000

Ownership Seller

Acceptable Financing Cash to New Loan, FHA/VA

Listing Terms Cash to New Loan, FHA/VA

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+1(530) 999-0601

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