Multifamily
4490 Alder St
4490 Alder St, Redding, CA 96003
Listing Price: $485,000
Investment Overview
Marcus & Millichap is proud to present 4490 Alder Street, a well located fourplex in Redding. The property benefits from location proximity to Lake Boulevard, featuring four 2-bedroom units. 4490 Alder Street offers convenient access to the highway and provides a comfortable living space with outdoor areas and private balconies for select units.
Redding itself has a population of approximately 95,000 people, making it the largest city in Northern California’s Shasta County. The region enjoys a warm climate and is close to outdoor recreational areas like the Sacramento River and nearby mountains. The property's location offers a variety of retail, dining, and service options. Don't miss out on this rare opportunity!
Investment Highlights
- Attractive Rental Features: With all units offering spacious 2 bedrooms and over 3,000 SF of livable space
- True 6% Cap Rate: Best priced Fourplex in all of Redding offered at $121,250 per unit
- Growing Market in Redding: As the largest city in Shasta County with a population of around 95,000, Redding presents a growing rental market
- Great Location with Easy Accessibility: Convenient access to major highways, including Highway 5, making it a highly desirable location
Exclusively Listed By
Listing Price: $485,000
Investment Highlights
- Attractive Rental Features: With all units offering spacious 2 bedrooms and over 3,000 SF of livable space
- True 6% Cap Rate: Best priced Fourplex in all of Redding offered at $121,250 per unit
- Growing Market in Redding: As the largest city in Shasta County with a population of around 95,000, Redding presents a growing rental market
- Great Location with Easy Accessibility: Convenient access to major highways, including Highway 5, making it a highly desirable location
Investment Overview
Marcus & Millichap is proud to present 4490 Alder Street, a well located fourplex in Redding. The property benefits from location proximity to Lake Boulevard, featuring four 2-bedroom units. 4490 Alder Street offers convenient access to the highway and provides a comfortable living space with outdoor areas and private balconies for select units. Redding itself has a population of approximately 95,000 people, making it the largest city in Northern California’s Shasta County. The region enjoys a warm climate and is close to outdoor recreational areas like the Sacramento River and nearby mountains. The property's location offers a variety of retail, dining, and service options. Don't miss out on this rare opportunity!
Exclusively Listed By