491 Wills Dr Paradise, CA 95969

Exceptional investment opportunity in Paradise, CA, presents a two-unit multifamily property at 491-495 Wills Way. This property boasts a total of 1,640 square feet situated on a 0.46-acre lot. Each unit offers 820 square feet of living space, featuring two bedrooms and one bathroom. The units are currently 100% occupied, generating a strong net operating income (NOI) of $33,600, representing a 7.00% capitalization rate. Each unit includes two parking spaces and is equipped with its own PG&E meter and owned solar panels. Shared septic and water services are in place. The open floor plans create bright and inviting spaces, enhanced by granite countertops, tile backsplashes, stainless steel appliances, and laminate flooring throughout. The asking price is $480,000, or $240,000 per unit. The property's APN is 055-120-047-000. This property is ideal for owner-occupancy or as a fully-rented investment, offering significant potential for return on investment. The location in Paradise, CA, provides easy access to local amenities and services. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location.