Great income opportunity in a HOT rental market

5352 Cedars Rd, Redding, CA 96001

$265,000 After Repair Value -
$253,000 Asking Price -
$0 Cost of Repairs =
$12,000 Potential Profit

Property Details

Asking Price $253,000

After Repair Value $265,000

Costs of Repairs $0

Potential Profit $12,000

Living Area 1416 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 1

Listed with Agent 1

Property Description

Move-in ready home on a large 1/3 acre lot right off of Cedars Road. This 3 bedroom 2 bathroom home features an open floor plan with plenty of room for a growing family. Very clean home with a fenced front and back yard with plenty of space between neighbors. Backyard has a large amount of space with a nice sized back patio. The patio includes two outdoor fans, string lights, and misters that make a great space for entertaining. Backyard also has a large playground to include 3 slides and swing set that was built in 2018. Amenities include a large parking area with space for up to 4+ vehicles, full RV hookups with a 50amp service, storage shed with power and a fire pit. New water heater installed in 2015 and tile flooring installed in both bathrooms and kitchen in 2015 as well. Motion lights around the entire home along with two double swinging gates that give access to the property from Cedars Road and the road the house fronts. Home does not front Cedars Road! Redding, CA is an incredible place to own a rental property. With a university, community college, and the largest I9 school in the country, there is no shortage of renters. This home offers the ideal situation for someone looking to own a rental property; 3 bedrooms and two baths, full RV hook ups, 4+ parking spaces, and two large gates that swing open to the property from Cedars road and the road the home fronts. This is a must see home!


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