x
Address
20475 Quebec St. Out of Area, CA
Price
$ 559,000
Property Attributes
  • MLS#114635
  • TypeMulti-Family
  • CountySISKIYOU
  • CityOut of Area
  • AreaOut of Area
  • Zip96013
  • StyleClassic
  • Price$ 559,000
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms1
  • Sqr Footage10400
  • Lot Size0.7 Acres
Listing Provided Courtesy Of:
Elite Real Estate Group
Property Description

Passive Income Potential! Own this collection of three 4plexes in the heart of Burney, CA, a peaceful mountain-town of 3,000+ people known for its natural beauty, outdoor activities, and stable local economy. Affordable housing in California is scarce, and here you could provide this product while making more than 10% ROI. Don’t accept cap rates under 5%! Dollar General and Grocery Outlet didn’t decide to move into this town without stable reasons. Factors in this town include the Pit River Casino, Sierra Pacific Mill, US Forest Service operations, Shasta Community College remote campus, a hospital 15 minutes away, and an affordable ski park 45 minutes away. Of the 12 units for sale at $46,500, 8 are 750sqft 2bd/1bth apartments, 2 are 1000sqft 2bd/2bth town homes, and 2 are 1200sqft 3bd/2bth town homes. The property is primed for a re-positioning, with a new professional property management company newly on board. With only 7 units currently rented, Gross Income is $4,510/month. A basic maintenance update and some remodeling places scheduled monthly income between $7800 and $9400. Call for more information and repair quotes.

Price History
11/6/2019 Listed $559,000

General Features

Class INCOME PROPERTY
Listing Area Out of Area
Number of Units 12
REO No
Short Sale No
Showing Instructions 24 Hr Notice
Status ACTIVE
Status Active
Stories Two
Style Classic
Type Residential
Waterfront None
Year Built 1979
Zoning R2

Interior Features

Appliances Dryer, Oven, Refrigerator, Washer
Cooling Evaporative Cooler
Heating Propane Wall, Other/See Remarks
Heating Propane Wall
Laundry In Kitchen
Utilities Cable, Cell Service, Electricity, Satelite, Other/See Remarks

Exterior Features

Driveway Paved
Exterior Wood Siding
Fencing Wood
Foundation/basement Slab
Garage None
Garage Capacity None
Lot Dimensions 200' X 154'
Lot Size Area 0.7
Parking Spaces 21-40
Roof Composition
Sewage Sewer
Topography Flat
Trees Yes
View Trees
Water City
Water City
Within City Limits Y/n Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 96013

Price
AVG $560K
$560K
Visits
AVG 2
1
Year Built
AVG 1979
1979
Walkscore
AVG 43
43
Data Provided by Walkscore ® not using MLS data

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