Bought with Domke Real Estate Professionals, Inc.
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,750,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23-2965
Sold Date 09/28/23
Originating Board Shasta Association of REALTORS®
Year Built 1986
Property Description
18 Units. This property is practically brand new with: New Roofs, HVAC's, Paint, Gutters and Landscaping. Owner has spent over $ 400K in last 4 months. About half of units have been updated, some with floors, appliances, paint, fixtures, etc. Here's an opportunity to walk into collecting rent without the expense of fixing up. Highly desired rental location, with waiting list for when units turn. CAP at around 6.8% with potential to over 8 %. All units are 2 / 1.5 with indoor laundry and attached garage.
Location
State CA
County Trinity
Direction Hwy 299w to west on Front Ave. Property at corner of Front and S Miner.
Interior
Cooling Central Air
Exterior
Parking Features Off Street, On Street
Garage Yes
Building
Building Description Wood Siding, Wood Siding
Story 2
Level or Stories 2.0
Structure Type Wood Siding
Others
Senior Community No
Tax ID 001-100-23-00
Ownership Seller
Acceptable Financing Submit
Listing Terms Submit
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP