SoldAug 8, 2025

Listed by Nick Kerley and Kimberly Moore from Realty 110, Inc.

Bought with Erik Kloth

Source: Shasta MLS #25-1518

20522 Old 44 Drive, Redding, CA, 96003

$875,000

Other

30+ days on the market

Sold: Aug 8, 2025

What's around 20522 Old 44 Drive

About this property

One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in Redding Don't miss this rare opportunity to own a truly unique income-producing property just minutes from town! Situated on just under 9 acres in a peaceful country setting, this remarkable investment features 7 well-maintained homes and 4 rentable storage units with room for upside. Each home offers a comfortable residential atmosphere with newer roofs, modern mini-split HVAC systems, and updated appliances—making them highly desirable for long-term tenants. Demand is consistently strong, and vacancies are rare. In addition to the stable rental income from the homes, there's untapped potential in the four storage units, which can be leased for additional monthly revenue—pushing returns even higher. Whether you're a seasoned investor or looking to expand your portfolio, this property presents an exceptional opportunity to generate attractive cash flow and a strong CAP rate in a desirable, semi-rural location close to all the amenities of Redding. Opportunities like this don't come around often

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