2230 El Reno Lane

Redding, CA 96001
$1,050,000
Excellent opportunity to acquire a high-performing residential income property featuring 8 detached homes on one parcel. The El Reno Cottages are currently fully occupied and generating over $99,000 in gross annual income, providing a 7.06% CAP rate with strong, consistent cash flow. The property has undergone extensive recent improvements,Read MoreRead Less
Courtesy of Nick Kerley, Realty 110, Inc..
Listing Snapshot
Days Online
171
Last Updated
Property Type
Residential Income
Year Built
1945
MLS Number
26-854
30 Days Snapshot Of 96001
$425k
-5%
(avg) sold price
25
-35%
homes sold
66
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1945, 1 story, 8 total units
Cooling
Window, Evaporative, Heat Pump
Parking
Off Street, On Street
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Melanie Wright
REALTOR®
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