$40,000
$38,900
2.8%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 04/29/2025
Key Details
Sold Price $40,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN25049935
Sold Date 04/29/25
HOA Y/N No
Annual Tax Amount $407
Tax Year 2025
Lot Size 0.500 Acres
Property Description
**Attention Investors!** This prime multi-family land offers an incredible **income-generating opportunity** in a highly desirable location. Perfect for **multi-unit development**, this property provides the ideal setting for duplexes, triplexes, or apartment buildings, catering to the growing demand for rental housing in the area. With a **convenient location near shops, restaurants, and essential services**, tenants will enjoy easy access to everything they need while still benefiting from a peaceful and well-connected neighborhood. The property's zoning allows for flexible development options, making it an excellent investment for those looking to expand their real estate portfolio with steady rental income and long-term appreciation. Its proximity to major roads and public transportation further enhances its value, ensuring strong tenant demand. Whether you plan to **develop and sell, hold as a rental investment, or create a modern multi-family community**, this lot offers unlimited potential. With utilities readily available and a **prime location that combines convenience with opportunity**, this is a rare find in today's market. **Don't miss out on this high-yield investment opportunity—contact us today** for more details and to explore the potential of this multi-family development land!
Location
State CA
County Butte
Zoning TR
Interior
Fireplace No
Exterior
Community Features Foothills, Park
Utilities Available Cable Available, Electricity Available, Phone Available, Water Available
View Y/N Yes
View Hills
Building
Lot Description Level, Near Park, Rectangular Lot
Sewer Septic Type Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 053170145000
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Stephanie Jensen • Parkway Real Estate Co.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
6050 Santo Rd Suite 270, San Diego, CA, 92124-6101, USA