Excellent 4PLEX income opportunity with mostly remodeled units and great tenants. Each unit has it's own carport and storage space. One unit has an enclosed garage also. Great setting in the country. 2 units are fully remodeled with granite countertops, new flooring, new paint and new appliances. One unit remodeled with new flooring, new paint and recessed lights. One unit has been rented for 10+ years to the same tenant and is in great condition, but not remodeled. Rents are $550 for unit 1 and $750 for units 2, 3 & 4. Coin op laundry with 2 washers and 2 dryers provides extra income. Gross income is $33,600/year for the units and about $1,200/year for the laundry.Section 1 pest clearance, clear water report and septic certification completed.
Off market
$413,500
24420 State Highway 89, Burney, CA 96013
--beds
0baths
3,556sqft
MultiFamily
Built in 1971
-- sqft lot
$413,500 Zestimate®
$116/sqft
$1,300 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Gas
Appliances
- Included: Range / Oven, Refrigerator
Interior area
- Total interior livable area: 3,556 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 1 Acres
Details
- Parcel number: 023-260-006-000
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1971
Community & neighborhood
Location
- Region: Burney
Other
Other facts
- Tenant Expenses: Electric, Gas
- Existing Rntl Terms: Month to Month, Deposit Held, Monthly
- All Units Include: Refrigerator, Balcony/Deck, Storage
- Cooling: Window
- Miscellaneous: Laundry in Complex, Smoke Detectors
- Unit Type: Four Plex
- Exterior: Stucco
- Unit Description: 2 Bedroom
- Some Units Include: Drapes, Air Conditioner
- Heating: Furnace Wall
- Owner Expenses: Water, Real Estate Tax, Insurance, Garbage, Gas
- Heating: Gas: Propane
- Existing Rntl Terms: Written Lease: Yes
- Existing Rntl Terms: Lease: 2
- Type: Residential Income
- Parcel Number: 023-260-006-000