3001 Hwy 299 None, Salyer, CA 95563
- $525,000
- 3,516
- SqFt
- List Price
- $525,000
- Price Change
- ▼ $50,000 1727734214
- MLS#
- 266713
- Sq. Ft
- 3,516
- Acres
- 3.11
- Year Built
- 1988
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 at over $4,000/month. 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
- 1 Story
- Stories
- One
- Lot Description
- Hills View, River View, Woods View, Mountain View
- Garage Spaces
- 3
- Garage Description
- 1 - 10 Spaces, Detached, Garage, Under Cover
Mortgage Calculator
Listing courtesy of Peak Realty.