2980 Stingy, Anderson, CA 96007
$985,000
2980 Stingy
Anderson, CA 96007
$985,000

2980 Stingy Anderson, CA 96007
High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 8.75%+ CAP Rate! This well-maintained 9-unit multifamily property in Anderson, CA, is a prime investment opportunity with an annual gross income of over $113,000 and a Profoma CAP rate exceeding 10.39% in as little as 2 years. The complex consists of eight 2-bedroom, 1-bath units, each featuring indoor laundry and private backyards, plus a spacious 3-bedroom, 1-bath unit. With plenty of room for upside potential on rents, this property offers an excellent opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently located near local amenities and freeway access, this is a low-maintenance, high-performing asset that won't last long.
Listing Status: Pending
Please Note:This listing was last updated on 5/27/2025. Please contact us for the availability of this property.
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Price$985,000
Year Built1964
Listing TypeResidential Income
Property TypeResidential Income
Area05 - Anderson
MLS Listing ID25-634
Published Date2/17/2025 4:53:00 PM 128 days ago
Listing Modified5/27/2025 5:30:00 PM 29 days ago

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