Description
Discover an exceptional investment opportunity with this well-maintained 11-unit complex, complete with single-car attached garages for tenant convenience. Centrally located, it's just minutes from shopping, dining, and entertainmentmaking it an ideal rental property with high tenant demand. Currently generating an annual gross scheduled income of $139,860, the property offers further income potential with fair market rents projected to raise annual income to an estimated $171,600. With a strong rental history, low vacancy rates, and excellent prospects for long-term appreciation in a thriving area, this property is a solid addition to any portfolio. Opportunities like this are rare, so act fast to secure steady cash flow and growth potential!
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Discover an exceptional investment opportunity with this well-maintained 11-unit complex, complete with single-car attached garages for tenant convenience. Centrally located, it's just minutes from shopping, dining, and entertainmentmaking it an ideal rental property with high tenant demand. Currently generating an annual gross scheduled income of $139,860, the property offers further income potential with fair market rents projected to raise annual income to an estimated $171,600. With a strong rental history, low vacancy rates, and excellent prospects for long-term appreciation in a thriving area, this property is a solid addition to any portfolio. Opportunities like this are rare, so act fast to secure steady cash flow and growth potential!
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: 2024-12-10T14:58:32.34.
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