1383 Browning Street, Redding, CA, 96002

1383 Browning Street Redding, CA 96002

1383 Browning Street, Redding, CA, 96002
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$837,000
Last Verified:
Sep 16, 2024

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Highlights

  • - Two Story Units with Attached Two Car Garage
  • - Built in 2016
  • - Zoned RM-12-PD
  • - Located in Prime Retail Area
  • - Stabilized Occupancy
  • - Well-maintained and Attractive Property

Description

A premier multifamily investment opportunity in the heart of Redding. This meticulously maintained duplex, built in 2016, consists of two upscale residential townhouse style units, making it an ideal choice for investors seeking a low-risk, high-return addition to their portfolio. Currently fully occupied, the property guarantees a steady income stream, enhanced by its strategic location close to the thriving retail area of Redding.

The duplex is located within a well-planned development, featuring 13 townhouse style two-story duplexes with attached two car garages. Each unit offers 3 bedrooms, 2.5 bathrooms, and a modern, open layout. Residents enjoy upscale interior improvements, including granite vanity tops, quartz kitchen counters, and stainless steel appliances, all within a peaceful, tree-lined neighborhood. With convenient access to city utilities, abundant guest parking, and close proximity to Redding's retail shopping area, 1838 Browning Street stands out as a smart, solid investment in a growing multifamily market.

Located within the Browning Point complex located at the corner of Browning St and Old Alturas Rd.


Year Built: 2016
Building Size: 3828sq ft
Lot Size: 0.22 acres

Map of 1383 Browning Street, Redding, CA, 96002

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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