$575,000
Active
12 Days Online
8 Beds5 Baths3,516 SQFT
Active

3001 Hwy 299 None Salyer, CA 95563

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You have got to check out this riverfront property just east of Salyer. 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 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. Information to be verified by buyer.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyTrinity
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site12 Days
  • MLS StatusActive
  • MLS ID Number266713
  • Home Size Source N/A
  • Year Built1988
  • Lot Size3.11 Acres
  • Full Baths5
  • Partial BathsN/A

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