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2980 Stingy Lane

Anderson, CA 96007
  • $1,150,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: 25-634
UPDATED: 45 min ago
$1,150,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Description

High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 8.05%+ CAP Rate! This well-maintained 9-unit multifamily property in Anderson, CA, is a prime investment opportunity with an annual gross income of over $113,000 and a CAP rate exceeding 8%. The complex consists of eight 2-bedroom, 1-bath units, each featuring indoor laundry and private backyards, plus a spacious 3-bedroom, 1-bath unit. With plenty of room for upside potential on rents, this property offers an excellent opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently located near local amenities and freeway access, this is a low-maintenance, high-performing asset that won't last long.

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IDX information © 2025 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: 2025-03-19T14:58:20.303.

Licensed in the State of California.
www.home4realliving.com/homes/160613055
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2980 Stingy Lane Anderson, CA 96007

  • Price: $1,150,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 45 min ago
  • ID#: 25-634
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1964
Built
Neighborhood:
N/A
County:
Shasta
Area:
05 - Anderson
Property Description
High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 8.05%+ CAP Rate! This well-maintained 9-unit multifamily property in Anderson, CA, is a prime investment opportunity with an annual gross income of over $113,000 and a CAP rate exceeding 8%. The complex consists of eight 2-bedroom, 1-bath units, each featuring indoor laundry and private backyards, plus a spacious 3-bedroom, 1-bath unit. With plenty of room for upside potential on rents, this property offers an excellent opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently located near local amenities and freeway access, this is a low-maintenance, high-performing asset that won't last long.
Exterior Features

Carport YN Yes Parking Features Off Street Stories 1

Interior Features

All Units Include Washer Dryer Hookups Yes Cooling []

Property Features

Buyer Financing [] Construction Materials [] Listing Terms Cash to New Loan Ownership Seller Property Sub Type Residential Income Special Listing Conditions []

Listing provided courtesy of Nick Kerley of Realty 110, Inc.: 530-242-4114.


IDX information © 2025 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: 2025-03-19T14:58:20.303.

Licensed in the State of California.
 
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Diane Green | Northstate Real Estate Professionals
747 Auditorium Drive
Redding CA, 96001