1021&1015 Lincoln St, Red Bluff, CA 96080

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1021&1015 Lincoln St, Red Bluff, CA 96080

$340,000

Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,300 Lot Size (sq. ft.): 13,939 Status: Active

Current Price: $340,000 List Date: 3/20/2024 Last Modified: 7/31/2024

Description

2 HOMES ON 1 LOT. Historic Home and 6 Workshops with swimming pool and detached garage. CASH ONLY. Prime Investment Property: Distinctive Early 1900s Victorian Estate with Secondary Home and Historic Workshops This is a rare opportunity to own a piece of history while securing a high-potential investment. The primary Victorian residence, rich in architectural charm and original details, is complemented by a secondary home built in 1945, offering immediate rental income potential. Dual Residences for Maximum Income With two separate homes on one lot, this property allows for flexible living arrangements and immediate rental income. Live in one home and rent out the other, or lease both properties to maximize your returns.

Supplements: Both home are move-in ready and perfect for tenants. Six historic workshops provide additional revenue opportunities. These versatile spaces can be converted into an ADU, artist studios, or storage, appealing to a wide range of tenants. Their unique character adds significant value and charm, attracting premium rental rates. Desirable Amenities for Tenants The in-ground swimming pool and game room enhance the property's appeal, offering recreational options that tenants will love. These amenities increase the property's attractiveness and potential rental income. Future Potential and Flexibility This unique estate offers endless investment possibilities. The flexible nature of the property ensures it can adapt to various investment strategies, from short-term rentals to long-term leasing. Take advantage of this rare chance to invest in a truly exceptional property and build a robust investment portfolio.

More Information MLS# 24-1129

Address Information

Street Number: 1021&1015 Street Name: Lincoln St Cross Street: East St State/Province: CA Postal Code: 96080 County: Tehama

Property Description

Type: Single Family Current Price: $340,000 Property: ....Please Select.... Scope of Service: Full Service Listing Area: 70 - NW Red Bluff List Price: 340000 Parcel Number: 029-291-004-000 Addl. Parcel Number: 029-291-005-000 Approx. Acres: 0.32 Acres Range: 1/4 - 1/2 Acres Year Built: 1916 Yr Blt Description: 30+ Approx. SqFt.: 2300 Total Bedrooms: 5 Total Bathrooms: 2 Total Full Baths: 2 Total Half Baths: 1 Rented: No

Remarks

Directions: S on Main St, Rt on Cedar St, Lt on Lincoln St

Contract Information

Status: Active Listing Contract Date: 2023-09-21 List Date: 2024-03-20

Lockbox

Bluetooth: Yes Under Construction: No

SELM Filed on Listing

Filed on Listing: No

Parking

# Detached Garage: 1

Kitchen

Microwave: None

Misc. Amenities

Laundry: Washer & Dryer Included Fenced: None Sprinkler: Automatic

Bonds

HOA: None

Cable

Cable Connected Y/N: Y

Solar

Solar: No

Property Features

How to Show: Call Listing Agent Dining: Kit/Family Rm Combo Style: Victorian Lot Description: Level Story: Two Lot Type: 2 on a Lot; City Lot Roof: Other Exterior: Wood Pool: Inground; Vinyl; Pool House View: None Bath: Tile; Granite Parking: On Street Additional Rooms: In Law; Storage Room Fireplace: Wood Stove Floors: Wood; Tile; Vinyl Kitchen: Convection Oven; Refrigerator Misc. Amenities: 1st Floor Bathroom; 1st Floor Bedroom; High Ceiling; Shop; Wet Bar Foundation: Brick; Raised Heat: Electric; Heat Pump; Wood Stove Electric: Public; Pacific Gas & Electric Cable: Area Cool: Evaporative; Window Waste: Public; Sewer Water: Public Available Terms: All Cash to Seller; Cash Possession: Close of Escrow Road: Asphalt

Listing Office: eXp Realty of California, Inc.

Last Updated: July - 31 - 2024

1021&1015 Lincoln St, Red Bluff, CA 96080- MLS# 24-1129

Information deemed reliable but not guaranteed.