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205 N Shasta St

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Address: 205 N Shasta St, Willows, CA 95988, USA

California & West + Apartment Buildings

Created date: September 17, 2024

Date last updated: September 23, 2024

Seller financing available
Tenants pay for all metered utilities
Majority two-bedroom units with W/D hook-ups
Vacant units can be leased at market rates
Lease to qualified tenants
Ideal project for investors seeking long-term growth

Property Description

*Since the property is mostly vacant and has deferred maintenance, the figures provided are PROFORMA and does not include the cost to renovate. Each buyer should obtain their own contractor bids and make their own financial analysis backing in the cost of repairs.* Rare investor rehab special with 4 vacant units which renovated can be leased at market rates. An investor has the option to utilize Seller-Financing freeing up cash for making improvements. This property includes a duplex and a triplex. Four (4) of the units are comprised of 2 Bedroom / 1 Bath units. The Tenants pay all utilities since the units are separately metered for water, sewer, garbage, electrical, and gas. The duplex units feature washer and dryer hook-ups and (1 ) of the units has a fenced yard. The roof was renovated in 2024, and while the property requires renovations, it a great value-add opportunity. Two (2) of the units are currently occupied by non-paying tenants. The units have significant deferred maintenance which will require a full renovation.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$495,000
No. of Units:	5
Average Occupancy:	9.86
Year Built:	1930
Lot Size:	0.17 Sq ft
Opportunity Zone:	No
Price per unit:	$99,000
Property Website	Click Here