Owner Finance Available
24909 2nd St
Fall River Mills, CA 96028
🛏️
5
Bedrooms
🚿
3
Bathrooms
📏
3,000
Sq Ft
📅
1931
Year Built
Fall River Mills, CA 96028
5
Bedrooms
3
Bathrooms
3,000
Sq Ft
1931
Year Built
ONE OF A KIND UNIQUE OPPORTUNITY! 3 single family homes on a single lot! UNIT A - 1 bedroom/1 bath 600 sf UNIT B - 3 bedrooms/1 1/12 bath/Laundry/Giant upstairs bonus room. Wood stove. Fireplace. 1600 sf UNIT C - 1 bedroom/1 bath 800 sf There is a 600 sf garage/carport that could be made into a 4th rental unit. Solar panels provide for reduced electric bills. Well exist on property and may be operational. Perfect for short term rentals with licensing from Shasta County. Perfect for mid term rentals for traveling doctors, nurses, med-techs at regional hospital. PG&E, Sierra Pacific, US Forest Services and others. Perfect for long term rentals for steady income. Seller Financing Available 100k down 8% interest for 30 years, payment $2,935.05/mo PI. 75k down 9% interest for 30 years, payment $3,419.64/mo PI. 50k down 10% interest for 30 years, payment $3,949.06/mo PI Balloon on all 3 options due in 3 years. Short term Fair Market Rents Unit A - $1,170 Unit B - $2,210 Unit C - $1,210 Total - $4,590 Mid term rentals bring in 2-3 times as long terms Short term rentals even more.
Property Type
Multi_family
Year Built
1931
HOA
None
Listed Price
$499,999
Free account - No credit card required
Owner financing means the seller of 24909 2nd St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Fall River Mills, CA is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Fall River Mills property.