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:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lori Slade | CA DRE# 01042134 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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