Willows, CA 95988,138 S Plumas ST
Willows, CA 95988,138 S Plumas ST
Willows, CA 95988,138 S Plumas ST
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$950,000
Est. payment /mo
6,200 SqFt
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UPDATED:

11/22/2024 03:02 AM

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $153

MLS Listing ID 224109549

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1979

Lot Size 0.453 Acres

Acres 0.453

Property 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 convenience!

Location

State CA

County Glenn

Area Glenn County

Direction From I5 take Biggs-Willows Rd. and turn right onto S Plumas St.

Interior

Heating Central

Cooling Central

Flooring Carpet, Tile, Laminate

Laundry Coin Operated

Exterior

Parking Features Detached

Utilities Available Natural Gas Connected, Electric

Water Access Desc Public

Total Parking Spaces 16

Building

Lot Description Curbs/Gutters

Story 2

Foundation Slab

Sewer In & Connected

Water Public

Level or Stories Two

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Glen

Others

Senior Community No

Tax ID 002-17-1-003-0

Special Listing Condition None


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MetroList® Services, Inc (RESO)
Listed by eXp Realty of California Inc.

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Lance McHan

+1(209) 986-9292

Broker Associate | License ID: 01987449

Broker Associate License ID: 01987449

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