10 RESIDENTIAL UNITS ON 6.67 ACRES ZONED R-3 (COULD SPLIT) PLUS 3000 SF BARN AND STORAGE UNITS. LOTS OF POTENTIAL BEYOND CAP RATE OF APPROX 7%. BREAKDOWN: 4-Plex, Duplex, 4 Detached SFR's, Barn, 2 Storage Buildings - Zoned for 11 units - one storage building could be converted to livable space for unit 11. Great location at entrance of Curtis Creek. Minutes from Black Oak Casino and the heart of Sonora - up and coming city in the foothills just 2 hours from the Bay Area. Beautiful creekside setting with majestic oaks. Lots of room to expand and grow. All homes are rented - no vacancy. Highly sought after. Rental market in this area is very strong. STORAGE UNITS RENT FOR $600.00 PER MONTH. Owner uses 2nd storage building for personal use. Barn is vacant for showing - has rented for $800.00. Income with all buildings rented is $10,375 per month - expenses $1,750.00 per month.
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Listing Courtesy ofRe/Max Gold