500 Buckeye Ter, Redding, CA 96003

GREAT INVESTMENT OPPORTUNITY! WELL-MAINTAINED TRIPLEX WITH ASSUMABLE 6.5% LOAN! ASKING PRICE $495,000 SPECIAL PRICE WITH LOAN ASSUMPTION: $486,000 — SAVE $9,000! Excellent investment opportunity! Well-maintained triplex in a desirable rental area with a strong rental history, long-term tenants, and excellent income potential. This property features three spacious 2-bedroom units, each approximately 1,000 sq. ft. Two units are currently occupied, and the third has been recently updated and intentionally left vacant for convenient showings or immediate rental. PROPERTY DETAILS Unit 1 – 2 Bedroom / 2 Bath + Garage Long-term tenant of over 30 years Monthly rent: $1,022 effective December 2026 with yearly 9% increase scheduled. Unit 2 – 2 Bedroom / 1.5 Bath Currently occupied Monthly rent: $1,200 Unit 3 – 2 Bedroom / 1.5 Bath + Garage Recently updated Monthly rent: $1,650 Additional Features Approximately 3,000 sq. ft. combined living space Coin-operated laundry facilities In-unit laundry in one unit Garages with two units Established rental history Potential for future rental income growth INVESTMENT HIGHLIGHTS Asking Price: $495,000 (if loan not assumed) Projected Monthly Rental Income: $3,872 Projected Annual Rental Income: $46,464 Projected Gross Rental Yield: 9.39% Additional income potential from coin-operated laundry. SPECIAL FINANCING OPPORTUNITY! Existing $345,000 Loan at 6.5% – Assumable! Interest-only payments of approximately $1,868.75/month through August 2032, and can be extended. Loan assumption offered on an as-is basis $9,000 purchase price discount available with loan assumption! Other financing options may be possible Whether you're expanding your investment portfolio or purchasing your first multifamily property, this triplex offers established rental history, immediate leasing potential, and a unique financing opportunity. Offered at $495,000 — Let's Talk! Contact us for additional information, financing details, or to schedule a private showing. Projected income is not guaranteed. Loan assumption subject to applicable lender requirements and approval. Buyer to verify all rental, property, and financing information.