Active
2980 Stingy Lane
Anderson CA, 96007
$1,150,000
Active
Multi-family
Built in 1964
High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 7.5%+ CAP Rate!
This well-maintained 9-unit multifamily property in Anderson, CA, is a prime investment opportunity with an annual gross income of over $113,000 and a CAP rate exceeding 7.5%. The complex consists of eight 2-bedroom, 1-bath units, each featuring indoor laundry and private backyards, plus a spacious 3-bedroom, 1-bath unit. With plenty of room for upside potential on rents, this property offers an excellent opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently located near local amenities and freeway access, this is a low-maintenance, high-performing asset that won't last long.
25-634
MLSⓇ ID
February 17, 2025
Listed
February 20, 2025
Updated
Other Property Details
Area Name
05 - Anderson
Days on Market
2
Garage
No
Parking
Off Street
View
No
County
Shasta
Listed by Realty 110, Inc., Nick R Kerley,
Listing Contact:
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