Exceptional Investor Opportunity with 9%+ Pro-Forma Cap Rate! This fully occupied 8-plex in the heart of Willows generates $103,000 in annual rental income. Each unit offers 2 bedrooms and 1 bath, with two recently remodeled units currently leased at $1,300, and the remaining six at $1,000. With income potential up to $125,000 annually, this property is primed for increased returns. Ideally situated near parks, schools, the library, dining, and shopping, it's perfectly positioned for maximum value and convenience!
MLS #
ME224109549
MLS Source
MetroList Services, Inc.
Days on Site
52
Flooring
Carpet, Laminate, Tile
Laundry
Coin Operated
Cooling
Central Forced Air
Heating
Central Forced Air
Foundation
Slab
Garage/Parking
Detached, Garage: 0 Car(s)
Water
Public
HOA Fee
$0
Zoning
multiunit
Listing Agent
Amir Cackovic
eXp Realty of California Inc.
License #: 01484623
Phone: (916) 400-0000
Co-Listing Agent
Andrew Boley
License #: 02201769
Phone: (916) 952-0411
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 8 | – |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 775 | 4 | 2/0 | $1,300 | – | – |
2 | 775 | 4 | 2/0 | $1,300 | – | – |
3 | 775 | 4 | 2/0 | $1,000 | – | – |
4 | 775 | 4 | 2/0 | $1,000 | – | – |
138 S Plumas St is a Residential Income in Willows, CA 95988. This 6,200 square foot property sits on a 0.453 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $950,000 and was built in –.
This address can also be written as 138 S Plumas St, Willows, CA 95988.©2024 MetroList Services, Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of November 14, 2024. For the most current information, please contact Amir Cackovic, (916) 400-0000