Description
Great Investment Opportunity!** Here's a great opportunity to own an investment in the beautiful community of Boulevard! Convenient 15 min drive from Golden Acorn Casino which is a hotspot 365 days a year and only 45 mins from Alpine county of San Diego. This property offers plenty of opportunities for you to invest, build and live in a place full of potential. This 4.75 Acre parcel already have monthly income at $1617 per month from USPS(long term tenant) and an existing local tenant. Rent on USPS is supposed to grow in June 2025 with the USPS lease renewal to $18K annually. Rent on the small unit has potential to increase to $800 if unit could be refurnished with little TLC. **Notes-Do not call or disturb tenants.
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01/2 BATHS
School Ratings & Info
Description
Great Investment Opportunity!** Here's a great opportunity to own an investment in the beautiful community of Boulevard! Convenient 15 min drive from Golden Acorn Casino which is a hotspot 365 days a year and only 45 mins from Alpine county of San Diego. This property offers plenty of opportunities for you to invest, build and live in a place full of potential. This 4.75 Acre parcel already have monthly income at $1617 per month from USPS(long term tenant) and an existing local tenant. Rent on USPS is supposed to grow in June 2025 with the USPS lease renewal to $18K annually. Rent on the small unit has potential to increase to $800 if unit could be refurnished with little TLC. **Notes-Do not call or disturb tenants.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T21:30:03.43. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.