Pending
1021&1015 Lincoln Street
Red Bluff CA, 96080
$340,000
$147.83 per sqft
Pending
5 Beds
3 Baths
2,300 sqft
Residential
Built in 1916
2 HOMES ON 1 LOT. Historic Home and 6 Workshops with swimming pool and detached garage.
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. 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.
24-1129
MLSⓇ ID
March 20, 2024
Listed
September 3, 2024
Updated
Map
1021&1015 Lincoln Street
Red Bluff CA, 96080
Interior Features
Total Stories
0
Bedrooms
5
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Interior Features
Wet Bar, Storage, In-Law Floorplan, High Ceilings
Floor Description
Wood, Tile, Vinyl
Fireplace
Yes
Fireplace Description
Wood Burning Stove
Cooling
Yes
Cooling Description
Evaporative Cooling, Window Unit(s)
Heating
Yes
Heating Description
Electric, Heat Pump, Wood Stove
Exterior/Building Features
Lot Size
0.32 Acres
Lot Features
2 on a Lot, Level, City Lot
Architectual Style
Victorian
Sewer
Sewer, Public Sewer
Other Property Details
Area Name
70 - NW Red Bluff
Days on Market
168
Garage
No
Parking
On Street
View
No
View Description
None
County
Tehama
Water Source
Public
Pool
Yes
Pool Features
Vinyl, In Ground
Listing History
Date | Event | Price |
---|---|---|
9/3/2024 | Pending | — |
6/19/2024 | Price change | $340,000 -7% |
5/15/2024 | Price change | $365,000 -4% |
3/30/2024 | Price change | $380,000 -10% |
Listed by eXp Realty of California, Inc., Nathan W Cross,
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 Magnolia Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Shasta Association of REALTORS. All rights reserved.