Description
2 HOMES ON 1 LOT. 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.
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5BEDS
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0.32ACRES
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2BATHS
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11/2 BATHS
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2,300SQFT
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$148$/SQFT
School Ratings & Info
Description
2 HOMES ON 1 LOT. 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.
IDX information © 2024 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-10-12T17:58:53.683.
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