611 Parsons DR
Redding, CA 96002
- 8 beds
- – baths
- 3,072 sqft
- 14,810 sqft lot
- $162 per sqft
- 1959 build
- – on site
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An exceptional investment opportunity awaits with this multi-family residential property, boasting a standalone structure that ensures a positive cash flow. Situated in a prime location, the property offers convenience and accessibility, making it an attractive option for potential renters. Key Features - Positive Cash Flow: The property generates substantial income, exceeding operational costs, resulting in a profitable investment; Great Location: Nestled in a vibrant neighborhood, residents enjoy proximity to essential stores, delightful shopping experiences, and a variety of dining options; Accessibility: Located just minutes away from major highways, this property provides easy access for commuting, travel, and leisure activities. Investment Highlights - High Demand Area: The demand for multi-family homes in this area is on the rise, ensuring consistent occupancy rates; Growth Potential: With the potential for value appreciation and rent increases, investors can look forward to long-term+ financial gains; Community Amenities: Residents benefit from local parks, schools, and community centers, enhancing the living experience and rental appeal.
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Last updated Mar 7, 2025
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MLS# 81958608 —
The Building
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Year Built:1959
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Age:65
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Subclass:Fourplex
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Roofing:Composition
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Foundation:Concrete Slab
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# of Stories:1
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# of Units:4
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Special Features:Parking
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Structure SqFt:3072
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Structure SqFt Source:Other
Interior
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Flooring:Carpet, Vinyl / Linoleum
Room Dimensions
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Living SqFt:3072
Location
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Cross Street:Bechelli Lane
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City Limits:Yes
The Property
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Lot Acres:0.3400
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Lot Size Area Min:14810.00
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Zoning:RM-6
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Parcel Number:107-490-019-000
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Horse Property:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:81958608
The Listing
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Additional Listing Info:Not Applicable
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Automated Valuations Allowed:1
Heating & Cooling
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Cooling Methods:Other
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Heating Methods:Wall Furnace
Utilities
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Utilities:Individual Electric Meters, Individual Gas Meters, Public Utilities
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Sewer/Septic System:Sewer - Public
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Water Source:Public
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Meters:Separate Electric, Separate Gas
The Community
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HOA:No
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Pool:No
Parking
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Description and Access:Attached Garage
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Garage Spaces:4
Extra Units
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# of Buildings:4
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Unit 1 Full Bathrooms:1
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Unit 2 Full Bathrooms:1
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Unit 3 Full Bathrooms:1
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Unit 1 SqFt:768 Sqft
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Unit 2 SqFt:768 Sqft
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Unit 1 Bed:2
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Unit 3 SqFt:768 Sqft
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Unit 2 Beds:2
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Unit 3 Beds:2
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Unit 4 Beds:2
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Unit 4 Full Bathrooms:1
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Unit 4 SqFt:768 Sqft
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/3/24
Apr 3, 2024
|
BRIDGE | $490,000 | ||
|
4/3/24
Apr 3, 2024
|
Sold Subject To Contingencies | MLSLISTINGS | $490,000 | |
|
3/22/24
Mar 22, 2024
|
Listed / Active | MLSLISTINGS | $490,000 |
