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  • $182,000

    1021 Lincoln St, Red Bluff, CA 96080

    3beds
    1,500sqft
    Single Family Residence
    Built in 1916
    0.32 Acres lot
    $184,700 Zestimate®
    $121/sqft
    $-- HOA

    What's special

    Historic Home and 6 Workshops with swimming pool and detached garage. Prime Investment Property: Distinctive Early 1900s Victorian Estate with Secondary Home and Historic Workshops This is a rare opportunity to own a piece of history while securing a high-potential investment. The primary Victorian residence, rich in architectural charm and original details, is complemented by a secondary home built in 1945, offering immediate rental income potential. Dual Residences for Maximum Income With two separate homes on one lot, this property allows for flexible living arrangements and immediate rental income. Live in one home and rent out the other, or lease both properties to maximize your returns. Both home are move-in ready and perfect for tenants. Six historic workshops provide additional revenue opportunities. These versatile spaces can be converted into an ADU, artist studios, or storage, appealing to a wide range of tenants. Their unique character adds significant value and charm, attracting premium rental rates. Desirable Amenities for Tenants The in-ground swimming pool and game room enhance the property's appeal, offering recreational options that tenants will love. These amenities increase the property's attractiveness and potential rental income. Future Potential and Flexibility This unique estate offers endless investment possibilities. The flexible nature of the property ensures it can adapt to various investment strategies, from short-term rentals to long-term leasing. Take advantage of this rare chance to invest in a truly exceptional property and build a robust investment portfolio.

    Zillow last checked: 7 hours ago

    Listing updated: November 06, 2024 at 09:18am

    Listed by:

    Nathan W Cross,

    eXp Realty of California, Inc.

    Bought with:

    Joyce A Yates, DRE #00515667

    The Virtual Realty Group

    The Virtual Realty Group

    Source: SMLS,MLS#: 24-1129MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric, Heat Pump, Wood Stove
    Cooling
    • Evaporative Cooling, Window Unit(s)
    Features
    • Wet Bar, Storage, In-Law Floorplan, High Ceilings
    • Flooring: Wood, Tile, Vinyl
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Wood Burning Stove
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Has private pool: Yes
    • Pool features: Vinyl, In Ground
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.32 Acres
    • Features: 2 on a Lot, Level, City Lot
    Details
    • Additional structures: Pool House
    • Parcel number: 029291004000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Victorian
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Wood Siding
    • Foundation: Brick/Mortar, Raised
    • Roof: Other
    Condition
    • Year built: 1916

    Utilities & green energy

    • Electric: Public
    • Sewer: Sewer, Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Red Bluff

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Asphalt
    Services availability
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