Own a ~3 acre property in Loomis with 3 leased houses and a farm. Approx. sq footage: (3441) 1200sf 3bd/1ba, (3443) 800sf 2bd/1ba, (3445) 1400sf 2bd/1ba = 3400 sqft total. Rental income has been stepped up to $4,800/mo, but still below market = UPSIDE potential. Easy access off Hwy-80 and Penryn Rd with a private driveway. Tenants pay all their own utilities. Owner only pays trash ~$100/mo. The houses are on septic tanks and share 2 wells. There is a garage, carport, storage sheds, gardens, horses, a pig and lots of chickens. Great for investment or 1031 tax exchange. Note, the existing farm business, crops and animals belongs the tenants. There is opportunity and space on the land to collaborate or expand farming operations.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office The 916 Agency, 9999690
Updated 2:16AM - 10/7/2022
Listing Agent Casey Constantine
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