Bought with Amit Urban • Magnify Real Estate
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Key Details
Sold Price $760,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,325 sqft
Price per Sqft $326
MLS Listing ID ML81930407
Sold Date 06/26/23
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1963
Lot Size 0.440 Acres
Property Description
Magnify Real Estate is pleased to exclusively present the opportunity to acquire 30 Webster St, a nine (9) unit value-add apartment building located in the city of Colusa. Constructed in 1963, the property consists of (7) two-bedroom/one-bathroom units and (2) one-bedroom/one-bath units with a total building square feet of 5,200 (2,325 SF per County records) on a large lot amounting to 19,166 square feet. It features a common pool area, carports, coin-operated laundry, windows in original condition, and more. The property has demonstrated a robust leasing history, boasting minimal vacancies over time. With strong value-add potential, there is an opportunity to increase rental rates to market levels. The property offers proximity to several notable attractions in Colusa including Colusa National Wildlife Refuge, Colusa-Sacramento River State Recreation Area, Colusa Casino Resort, and more. Furthermore, the property benefits from its easy access to Highway 20 and Highway 45 conveniently connecting residents to neighboring cities and attractions, ensuring a seamless and convenient travel experience. View Info and Disclosures: https://www.magnify.deals/30info
Location
State CA
County Colusa
Interior
Heating Wall Furnace
Fireplace No
Laundry Coin Operated
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