1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
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1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
1196 Lancers Lane
For Sale

1196 Lancers Lane

1196 Lancers Lane, Redding, CA 96003

$649,000
Prime Investment Opportunity: Turnkey, Low-Maintenance Fourplex

Centrally located with exceptional access to premier shopping, dining, and local amenities, this well-maintained fourplex offers an outstanding addition to any investment portfolio.

Each of the four expansive, 1,200-square-foot units features a highly desirable 2-bedroom, 1.5-bathroom layout designed for comfortable modern living. Attached garages provide tenants with highly sought-after privacy, security, and additional storage.

The property is engineered for low-overhead management, boasting a durable stucco exterior, a recently replaced roof, and a low-maintenance yard that minimizes ongoing upkeep costs.

Enjoy immediate, reliable cash flow with strong tenant history: the building is fully occupied, featuring a stable mix of two long-term residents and two recently executed newer leases. Generating $63,000 in annual gross rental income, this asset represents a secure, high-performing investment in a high-demand rental market.

Features & Amenities

Area & Lot

  • Status For Sale
  • MLS® ID26-3349
  • TypeResidential
  • YEAR BUILT1990

Exterior

  • STORIES1
  • Garage Space4.0
  • parkingShared Driveway, Off Street
  • AIR CONDITIONINGCentral

Financial

  • Sales Price$649,000

Work With Us

Banner Real Estate has a long-held reputation for providing knowledgeable and professional real estate services to its buyers and sellers. Our company has been serving the real estate needs of Shasta County and the surrounding area for over 40 years.

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