VERY UNIQUE INCOME PROPERTY!! A rare opportunity to own two houses and two studio apartments with porches and downstairs, a garage and 3 storage units. All this in the ''heart'' of the Weaverville Historical District. Live in one house and receive rental income from the other three or rent out all four and the storage units.Each unit has its own address, separately metered and all are currently rented. This is a great return on your investment, especially with rentals being very limited in the area, in high demand and rents increasing. All built in the 1930's, the present owner, after the purchase, spent 8 months with his contractor gutting and totally remodeling 3 of the 4 units and did substantial work to maintain the 4th in it's historical condition. Over the years constantly upgrading and remodeling all four, made it easier to find the best tenants and maintain a strong rental history. All units have double-paned windows, with just a few exceptions for historical reasons. Unit A is a single story home with approximately 904 square feet of living space, "handicap friendly" with 2 bedrooms and one full bathroom. There are 3 parking spaces with a ramp leading into the wide access rear door, similar door leading into the bathroom equipt with handicap hardware. This unit has recently been completely remodeled again, with new interior paint, crown molding, newer roof, new Berber-style carpeting, linoleum, electric Whirlpool self-cleaning stove, forced central air A/C and heating and bull nose corners throughout, 220 volt outlet in the laundry area, a 51 gallon propane water heater and so much more. Unit B is a two-story home with 2 bedrooms, den, one full bath and approximately 1150 square feet of living space, a balcony from one of the bedrooms has views of the hills & mountains, a walk-in closet, large living room, French doors that lead into the den that can be used as a third bedroom, office and a small dining room next to the kitchen with a Fridgidaire self-cleaning oven. The home has a combination of new and old. For example, the home features original refinished hardwood floors, some crystal glass hardware, wooden porch, original concrete steps with an embedded boot scraper and large picture windows that provides that 1930's feel. The home also features an attached storage/laundry area with w/d hookups 220 volt outlet, a 220 volt window combination heater/air conditioner upstairs and two new electric heaters downstairs, new carpet, fresh interior paint, fans, swamp cooler, crown molding, 50 gallon electric water heater, new flooring in the bathroom and a vintage clawfoot bathtub. Parking is available on both sides of this house. This home is completely electric. Units C is a studio apartment with approximately 440 square feet of living space and features new kitchen flooring, refinished cabinets, a walk in closet, newer interior paint, window air conditioning unit, new electric wall heater, stainless steel sink, and a new 50 gallon electric water heater. This unit also comes with it's own parking space. Unit D is nearly identical to Unit C with the same square footage of living space. It also features new kitchen flooring, refinished cabinets, new 50 gallon electric water heater, window air conditioner and new electric wall heater. This unit comes with an approximate 257 square foot one-car parking garage/storage area below. The garage is in finished condition with sheetrock, electricity,a metal door and concrete floor. Both Units C and D are completely electric. Additionally, the property includes 3 storage units. One is the approximately 200 square foot manager's storage with wood paneled walls and concrete floor. This unit controls the water supply to C and D. There are two additional approximate 12'x16' storage units that are presently used for individual tenants. Only Unit A's water heater and AC/heat use propane gas, but all 4 have meters, should Buyer wish to go back to propane.
Robert (bob) Howard Hubbell, Hubbell Real Estate Group.
The information being provided by the Shasta Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Listing information last updated on May 28th, 2020 at 6:43pm PDT.