138 South Plumas Street
$950,000
16
8
6,200
6,200
$153
Description
Exceptional Investor Opportunity with 9%+ Pro-Forma Cap Rate! This fully occupied 8-plex in the heart of Willows generates 97K 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...Exceptional Investor Opportunity with 9%+ Pro-Forma Cap Rate! This fully occupied 8-plex in the heart of Willows generates 97K 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!
- Listed by Amir Cackovic • DRE #01484623 • eXp Realty of California Inc.P: (916)-400-0000 amir@cackovic.net
- Listed by Andrew M Boley • DRE #02201769 • eXp Realty of Northern California, Inc.P: (916)-952-0411 andrewboley1@yahoo.com
Property Details for 138 South Plumas Street
Parking Features
Detached
Zoningmultiunit
LISTING UPDATED: 11/21/2024 08:02 PM
Property Details for 138 South Plumas Street
Status | Active |
---|---|
MLS # | 224109549 |
Days on Compass | 58 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1979 |
Lot Size | 0.45 AC / 19,732 SF |
County | Glenn County |
Building Information for 138 South Plumas Street
Stories2Residences8Year Built1979Building Size-Lot Size0.45 AC / 19,732 SF
Property Information for 138 South Plumas Street
Property History for 138 South Plumas Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 138 South Plumas Street
Taxable ValueLand$50,678Additions$357,441Total$408,119
Tax Record2024$8,411 ($701 / month)
Home Facts
Total Finished SqFt6,200 SqFtAbove Grade Finished SqFt6,200 SqFtStories2Lot Size18,730 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated1994ZoningR-PCountyGLENNAPN002-171-003-000Fireplace TypeHas Fireplace
Schools near 138 South Plumas Street
This home is within Willows Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Murdock Elementary School PublicK to 5 | ||
Willows Intermediate School Public6 to 8 | ||
Willows High School Public9 to 12 | ||
Willows Community High School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.