3001 Hwy 299 None, Salyer, CA 95563
- $525,000
- 3
- BD
- 2
- BA
- 1,400
- SqFt
- List Price
- $525,000
- Price Change
- ▼ $50,000 1727734518
- MLS#
- 266711
- Bedrooms
- 3
- Sq. Ft
- 1,400
- Acres
- 3.11
- Year Built
- 1998
Property Description
PRICE REDUCTION. You have got to check out this riverfront property just east of Salyer. There are so many possibilities here. With 4 homes on over 3 acres, those looking to purchase a home on the river, would have 3 other homes to rent and help with the payments. It would also make a wonderful extended family retreat on the river as well. Or if you are an investor looking for a solid investment, these four homes are currently rented for over $4,000/ months. With the current asking price giving you a CAP rate of close to 7%. With all of this going for it, there is even more potential for expansion. The zoning allows for a mobile home or RV Park, so there is room to expand the income potential for a buyer that has the vision and desire to go that direction.
Additional Information
- County
- North East County
- City
- Salyer
- Style
- Ranch
- Stories
- One
- Lot Description
- Hills View, Panoramic View, Pasture/Field, River View
- Garage Spaces
- 3
- Sewer
- Private Sewer
Mortgage Calculator
Listing courtesy of Peak Realty.