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602 Main Street

Susanville, CA 96130
  • $950,000
  • STATUS: Active
  • ON SITE: 62 Days
  • ID#: 324028192
UPDATED: 76 min ago
$950,000
  • 4
    BEDS
  • 0.27
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 12,000
    SQFT
  • $79
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Description

This is an amazing mixed use property that is producing fantastic income and all rents are under market. Owner was a resident of Susanville and knows most of the tenants so there is an opportunity for the next owner to maximize CAP rate. Moreover, the building has had a ton of upgrades, improvements, and refreshing so many of the units show like new with some of that classic charm. This building is a must see and is a great addition to your portfolio or a very solid investment for a first time investors. All square footage are estimates and the building still needs to be measured.

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© 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Country Estates, Inc.. Data last updated: 2024-06-23T18:56:24.407.
www.countryestatesinc.com/homes/149664013
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602 Main Street Susanville, CA 96130

  • Price: $950,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 76 min ago
  • ID#: 324028192
4
Beds
3
Baths
0
½ Baths
0.27
Acres
12,000
SQFT
$79
$/SQFT
1914
Built
Neighborhood:
Lassen County
County:
Lassen
Area:
Lassen County
Property Description
This is an amazing mixed use property that is producing fantastic income and all rents are under market. Owner was a resident of Susanville and knows most of the tenants so there is an opportunity for the next owner to maximize CAP rate. Moreover, the building has had a ton of upgrades, improvements, and refreshing so many of the units show like new with some of that classic charm. This building is a must see and is a great addition to your portfolio or a very solid investment for a first time investors. All square footage are estimates and the building still needs to be measured.
Exterior Features

Carport Spaces 0 Covered Spaces 0 Independent Parking Spaces 0 Levels Two Lot Features Other Open Parking Spaces 0 Parking Features Street Parking Total 0 Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 8 2 Bedroom Units Total 0 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 4 Cooling Wall Unit(s) Heating See Remarks Laundry Features In Common Area Studio Units Total 1

Property Features

Association Fee 0 Association YN No Auction No Gross Income 103380 Property Sub Type 5 or More Units Property Type ResidentialIncome Sewer Public Sewer Water Source Public

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Russell R Enyart of eXp Realty of California, Inc: .


© 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Country Estates, Inc.. Data last updated: 2024-06-23T18:56:24.407.
 
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