For Sale
$450,000

3640 Main StCottonwood, CA 96022

5.24 Acres, 4 Rental Units, High Potential

Overview

Added:
Feb 3
Days on market:
62
This exceptional 5.24-acre mixed-use property presents a unique investment opportunity in Cottonwood, CA. Ideally situated on Main Street, the property boasts four rental units generating immediate income: three residential units and one commercial space. The residential units comprise a double-wide mobile home with three bedrooms and two bathrooms, a small single-family home featuring one bedroom and one bathroom, and a single-wide mobile home with two bedrooms, one bathroom, and a detached garage. The commercial unit, previously a doughnut shop, offers versatile potential for various businesses. Each unit is individually metered for electricity and natural gas, simplifying utility management and maximizing efficiency. The expansive lot allows for significant future development, with the possibility of constructing additional buildings while maintaining the existing rental income stream to offset construction costs. This property offers a blend of immediate return on investment and substantial long-term growth potential, making it an attractive proposition for savvy investors seeking a diversified portfolio. The existing structures are in place and generating income, minimizing initial investment risk. The prime Main Street location ensures high visibility and accessibility, further enhancing the property's value and appeal. This is a rare opportunity to acquire a substantial mixed-use property in a desirable location with immediate income potential and significant upside.

Property Details for 3640 Main St

Property type
Square Feet
1,000 SF
Year Built
1979
Lot Size (sq. ft)
228,254 SF

Location Insight

City
Cottonwood
County
Shasta
State
California
Latitude
40.39323
Longitude
-122.2812
3640 Main St, Cottonwood, California

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3640 Main St
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