$575,000
Salyer, CA 95563
MLS# 266713
2916 sqft
|
1 / 67
Property Description
You have got to check out this riverfront property just east of Salyer, along Hwy 299. There are so many possibilities here. With 4 homes on over 3 acres, those looking to purchase a home on the river, would have 3 other homes to rent and help with the payments. It would also make a wonderful extended family retreat on the river as well. Or if you are an investor looking for a solid investment, these four homes are currently rented with the current asking price giving you a CAP rate of close to 6%. The Gross Rent Multiplier is 12.6. With all of this already going for it, there is even more potential for expansion. The zoning allows for a mobile home or RV Park, so there is room to expand the income potential for a buyer that has the vision and desire to go that direction.
Details
Maps
Listing Information
Status: Active
List Date: 2024-05-07
List Price: $575,000
Current Price: $575,000
Property Description
Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: 1 Story
Gar Stls: 3
Garage Type: Carport
Lot Size: 3 - 3.99 Acres
Lot Dimensions: Irregular
Lot Acres: 3.11
Accessory Dwelling Unit: Yes
Appearance: Good
List Price/SqFt: 197.19
Building Description
Main House SqFt: 2916
Total Units: 4
Year Built: 1988
Location, Legal and Taxes
Area: North East County
House Number: 3001
Street Name: Hwy 299
Street Suffix: None
Sub-Area: Salyer
State: CA
Zip Code: 95563
Cross Street: Hwy 299
APN: 008-440-013
ADU Detail
Living Area: 960
Living Area Source: Owner
Occupied Y/N: Yes
Permitted Y/N: Yes
Parking Y/N: Yes
Rented Y/N: Yes
Rent $: 1000
Separate Address Y/N: No
Electric Meter: Yes
Gas Meter: Yes
Water Meter: No
Beds: 2
Baths: 1
Entry Level: One
RV Parking
Room for RV Parking: Yes
Miscellaneous
Sidewalk: No
Total Units By Type
# 1 Bedroom Units: 1
# 2 Bedroom Units: 2
# 3 Bedroom Units: 1
# Full Baths: 5
# of Heating Units: 4
# of Ranges: 4
# of Refrigerators: 4
# of Water Heaters: 4
GRM: 126
Annual Gross Income: 45600
Annual Expenses: 8500
Property Features
ADU Type: ADU
ADU Kitchen Features: Kitchen Island
Zoning: Multi-Family; Other
Possession: At Close of Escrow
Levels: One Story
Parking: 1 - 10 Spaces; Detached; Garage; Under Cover
Lot Description: Hills View; River View; Woods View; Mountain View
Financing Terms: Cash; Conventional
Listing Office: Peak Realty
Office Phone: 707-498-3856
Office Email: kevinsandylane@gmail.com
Listing Agent: Kevin Lane
Agent Phone: 707-498-3856
Agent Email: kevinsandylane@gmail.com
Last Updated: May - 08 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) 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 for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.
Broker Attribution:
707-498-3856