1089 E Main, Quincy, CA 95971

$429,000

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List Price
$429,000
Status
ACTIVE
MLS#
SN26144522
Year Built
1960
Lot Size
19,602
Acres
0.45
Lot Location
2-5 Units/Acre, Sloped Down, Front Yard, No Landscaping, Near Public Transit, Rectangular Lot, Walkstreet
Days on Market
25
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
One Level

Property Description

Multi-Family investment opportunity in the heart of Quincy, CA. The Las Plumas property consists of a fully rented 4 bedroom motel and a cozy 3 bedroom home centrally located between both sides of town. Tenants enjoy off-street paved parking, shaded covered porches, quaint rooms, easy access to public transportation, a quiet community, and ease of living. Here is your opportunity to own a home with a 4 unit motel that produces rental income to offset your mortgage. This income producing property is 100% occupied with great renters. Multi-family investment properties do not often come up at this price, seize the opportunity to expand or start your investment property portfolio today!

Additional Information

Appliances
Electric Water Heater, Propane Cooktop, Propane Oven, Propane Range, Refrigerator
Pool Description
None
Heat
Propane
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Neighborhood
Exterior Construction
Aluminum Siding, Block, Frame
Roof
Composition
Sewer
Public Sewer
Water
Public
Interior Features
Block Walls, Laminate Counters, Wood Product Walls
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$59,280
Operating Expense
19440

Listing courtesy of Listing Agent: Dayne Lewis (daynelewis7@gmail.com) from Listing Office: Thrive Real Estate Company.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.