WOW! Great opportunity to own a three unit income property with established tenants and a 10.2% cap rate! This is a well kept VIEW property. centrally located in town just minutes to Chico. UNIT 1 boasts solid wood flooring, granite entry, upscale woodworking, arch-top casement style windows, traverntine marble flooring in kitchen and bathroom, marble shower surround and vanity, newer wiring and plumbing. UNIT 2 is a well maintained 2 bedroom 2 b ath manufactured home with a nice composition deck with amazing canyon views! The home had a new roof in 2009 and new exterior paint in 2010. UNIT 3 is a 3 Bedroom 2 Bath home that has been updated inside with new kitchen cabinets, new front deck and all new paint inside and out in 2012 and attained a new 40 year roof in 2010. Opportunities like this do not come along every day. Call listing agent for more detailed information. This property has well established tenants. The property is a unique setting on over two acres with amazing views of the canyon. It is very well layed out and the owner has put a lot of thought into the development of the property. Please do not disturb tenants.
Sold for $105,000 on 12/06/23
$105,000
281 Keffer Ln, Paradise, CA 95969
8beds
5baths
2,016sqft
MultiFamily
Built in 1945
-- sqft lot
$-- Zestimate®
$52/sqft
$1,502 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,016 sqft
Property
Parking
- Parking features: Garage
Lot
- Size: 2.17 Acres
Details
- Parcel number: 051220082000
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Other
Condition
- Year built: 1945
Community & neighborhood
Location
- Region: Paradise