Bought with The Virtual Realty Group
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Key Details
Sold Price $182,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $121
MLS Listing ID 24-1129
Sold Date 11/04/24
Style Victorian
Bedrooms 3
Full Baths 1
Originating Board Shasta Association of REALTORS®
Year Built 1916
Lot Size 0.320 Acres
Acres 0.32
Property Description
Historic Home and 6 Workshops with swimming pool and detached garage.
Prime Investment Property: Distinctive Early 1900s Victorian Estate with Secondary Home and Historic Workshops
This is a rare opportunity to own a piece of history while securing a high-potential investment. The primary Victorian residence, rich in architectural charm and original details, is complemented by a secondary home built in 1945, offering immediate rental income potential.
Dual Residences for Maximum Income
With two separate homes on one lot, this property allows for flexible living arrangements and immediate rental income. Live in one home and rent out the other, or lease both properties to maximize your returns. Both home are move-in ready and perfect for tenants.
Six historic workshops provide additional revenue opportunities. These versatile spaces can be converted into an ADU, artist studios, or storage, appealing to a wide range of tenants. Their unique character adds significant value and charm, attracting premium rental rates.
Desirable Amenities for Tenants
The in-ground swimming pool and game room enhance the property's appeal, offering recreational options that tenants will love. These amenities increase the property's attractiveness and potential rental income.
Future Potential and Flexibility
This unique estate offers endless investment possibilities. The flexible nature of the property ensures it can adapt to various investment strategies, from short-term rentals to long-term leasing. Take advantage of this rare chance to invest in a truly exceptional property and build a robust investment portfolio.
Location
State CA
County Tehama
Direction S on Main St, Rt on Cedar St, Lt on Lincoln St
Interior
Interior Features Wet Bar, Storage, In-Law Floorplan, High Ceilings
Heating Electric, Heat Pump, Wood Stove
Cooling Evaporative Cooling, Window Unit(s)
Flooring Wood, Tile, Vinyl
Fireplaces Type Wood Burning Stove
Fireplace Yes
Heat Source Electric, Heat Pump, Wood Stove
Exterior
Parking Features On Street
Pool Vinyl, In Ground
View None
Roof Type Other
Building
Lot Description 2 on a Lot, Level, City Lot
Building Description Wood Siding, Wood Siding
Foundation Brick/Mortar, Raised
Sewer Sewer, Public Sewer
Water Public
Architectural Style Victorian
Structure Type Wood Siding
Others
Senior Community No
Tax ID 029-291-004-000
Acceptable Financing Cash
Listing Terms Cash
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