Wonderfully charming, best describes these 5 cottage style apartments located less than a half a block from beautiful Clearlake. Most have been nicely renovated, with new roofs on all stick built buildings in 2009, upgraded electrical panels, and replaced sewer lines. The largest stick built structure was completely remodeled from the foundation up in 2009. New windows and doors have also been added. All work was done with permits.
Four of the five units are stick built. The fifth unit is a 1970 manufactured home sitting on its own lot (separate APN), with a shared driveway and parking lot.
Per owner, the current gross income is $25,200 annually. Owner may carry! Recent fire to one of the units has made it uninhabitable. Exterior of structure is sound. Interior needs to be redone.
Great investment opportunity. Commercial zoned but residential used, 3 units building with possible positive cash flow. 2 1200 sqft units and a 600 sqft unit all with private back yard. Property is also sold with large lot behind building which has potential future growth.
Located in the highly desired Burns Valley area. This 1 acre parcel has two older mobiles, one is currently rented at $700.00 per month. Both mobiles are 2 bedroom, 1 bath. There is a well with new filtration and softening system, 2 gargages, one is near new, extra deep and fully insulated. Entry to the property is via two automatic gates and is fully fenced. The rear unit has a remodelled kitchen and Rennai vented propane furnace. Back area of property has a number of mature Walnut trees. This is a great opportunity that you won't want to miss.