Active
2980 Stingy Lane
Anderson CA, 96007
$1,150,000
Active
Multi-family
Built in 1964
High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 7.5%+ CAP Rate!
This well-maintained 9-unit multifamily property in Anderson, CA, is a prime investment opportunity with an annual gross income of over $113,000 and a CAP rate exceeding 7.5%. The complex consists of eight 2-bedroom, 1-bath units, each featuring indoor laundry and private backyards, plus a spacious 3-bedroom, 1-bath unit. With plenty of room for upside potential on rents, this property offers an excellent opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently located near local amenities and freeway access, this is a low-maintenance, high-performing asset that won't last long.
25-634
MLSⓇ ID
February 17, 2025
Listed
February 20, 2025
Updated
Other Property Details
Area Name
05 - Anderson
Days on Market
2
Garage
No
Parking
Off Street
View
No
County
Shasta
Pool
No
Listed by Realty 110, Inc., Nick R Kerley,
Listing Contact:
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Shasta Living Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Shasta Association of REALTORS. All rights reserved.