Description
FULLY RENTED INVESTMENT PROPERTY! This 4BR/2BA house with a POOL also has a converted garage-to-studio apartment with full kitchen in the back with separate access. Great location. The property has incredible cash flow with still some upside to be found by potentially utilizing the guest house as a short-term rental/ Airbnb. New roof and flashing, new HVAC, and new windows. Cash flow is $3,500/mo after property management expenses. Tenants in the main house have a lease through May 2021 (Students), paying $2,250/mo. The tenant in the Guest House is month-to-month, paying $1,250/mo. Tenants pay utilities. Seller expenses very low.Seller is currently making repairs to the laundry room and bathroom in main house.
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5BEDS
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0.23ACRES
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3BATHS
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01/2 BATHS
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2,698SQFT
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$167$/SQFT
School Information
Description
FULLY RENTED INVESTMENT PROPERTY! This 4BR/2BA house with a POOL also has a converted garage-to-studio apartment with full kitchen in the back with separate access. Great location. The property has incredible cash flow with still some upside to be found by potentially utilizing the guest house as a short-term rental/ Airbnb. New roof and flashing, new HVAC, and new windows. Cash flow is $3,500/mo after property management expenses. Tenants in the main house have a lease through May 2021 (Students), paying $2,250/mo. The tenant in the Guest House is month-to-month, paying $1,250/mo. Tenants pay utilities. Seller expenses very low.Seller is currently making repairs to the laundry room and bathroom in main house.
IDX information © 2021 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: 2021-01-26T22:59:09.153.
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