138 S Plumas ST Active Save Request In-Person Tour Request Virtual Tour
Willows,CA 95988
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