$1,750,000
Weaverville, CA 96093
MLS# 23-2965
Status: Closed
1 / 29
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.
Details
Address Information
Cross Street: Forest Ave
Street Number: 10
Street Name: S Miner St
State/Province: CA
Postal Code: 96093
County: Trinity
Property Description
Property Sub Type: Residential Income
List Price: 1800000
Parcel Number: 001-100-23-00
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 2
Current Price: $1,750,000
Area: 80 - Weaverville
Subdivision: N/A
Year Built: 1986
Remarks
Public Remarks: 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.
Directions: Hwy 299w to west on Front Ave. Property at corner of Front and S Miner.
Unit Type
5 or More: 1
Exterior
Wood: 1
Parking
Garage: 1
Off Street: 1
On Street: 1
Unit Description
2 Bedroom: 1
Miscellaneous
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Heating
Forced Air: 1
Cooling
Central: 1
Available Terms
Submit: 1
Expense Data Source
Owner: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
Conventional: 1
Unit 1
Unit #: 1-18
# Bedrooms: 2
# Baths: 1.5
Parking: Garage
Stories: 2
Contract Information
Status: Closed
List Date: 2023-07-25
Sold Date: 2023-09-28
Under Contract Date: 2023-08-11
Sold Price: $1,750,000
Property Features
Unit Type: 5 or More
Exterior: Wood
Parking: Off Street; On Street; Garage; Off Street; On Street
Unit Description: 2 Bedroom
All Units Include: Air Conditioner; Washer/Dryer Hookups
Heating: Forced Air
Cooling: Central
Miscellaneous: Smoke Detectors
Ownership: Seller
Expense Data Source: Owner
Available Terms: Submit
Possession: Close of Escrow
Photo: Agent Upload
Selling Terms: Conventional
IDX
Listing Office: Domke Real Estate Professionals, Inc.
Co Office Name: Domke Real Estate Professionals, Inc.
Co Listing Agent: Diane Green
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.