Current Use by Public Records
- Apartment buildings
Property Details for 45258-B Hwy
- Lot size
- 1.00 lot acres
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a two-unit apartment building ideally situated in McArthur, California. Each unit boasts a generous 1,370 square feet of living space, featuring three bedrooms and two bathrooms. Recent renovations encompass kitchens, bathrooms, flooring, fixtures, and windows, ensuring modern appeal and minimizing maintenance needs. Both units are equipped with monitor heaters and wall air conditioning for year-round comfort. The property includes a laundry room with a free-standing sink and washer/dryer hookups in each unit. Each unit also features a one-car garage with a concrete floor. Adding to the property's value is a 22 x 30 shop, perfect for storage or potential rental income as a storage unit. This shop also has a concrete floor, roll-up door, and a side door. The exterior has been freshly painted. The property sits on one acre of land, offering a large open area and a gravel driveway. Its location, two miles east of McArthur, provides a peaceful setting while backing up to farm ground and offering views of Mount Shasta. Current rental income ranges from $850 to $1000 per month per unit, promising a strong return on investment. This low-maintenance property represents a compelling opportunity for savvy investors seeking a stable and profitable venture in a desirable location. The asking price is $550,000. The property is located at 45258-B HWY 299, McArthur, CA 96056.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McArthur
- County
- Shasta
- State
- California
- Longitude
- -121.36
- Latitude
- 41.0647
