Skip to main content
Back to Search Results
|

1557-1597 Bruce Drive, Anderson, CA 96007

Show All 41 Photos
For Sale

$4,000,000

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • Newly Listed
    Time on Century 21

  • 1964
    Year built

  • Over 50 Years Old
    Age

Explore this Property

40 Unit apartment complex for sale in Anderson CA. 10 structures on two parcels housing 9 - one bedroom one bath, 24 - two bedroom one bath, 6 - three bedroom one bath and a 3 bedroom one bath managers unit with separate office. On site laundry. Seasonally operated pool. Owner owned solar feeding mangers unit and laundry. 100% occupied with current gross monthly income of $35,660 ($427,920 yr), Approx. annual expenses of $179,000 presents a cap rate of 6.20%. Currently 60% of rents are below market rate. Once to market rental rate, gross income would exceed $500,000 yr. Some of the interiors have been remodeled and capital improvement on carports recently started. Great location across from public ball field/park, close to shopping and public transportation.
MLS# 24_4057

Courtesy Of Better Homes and Gardens Real Estate Results

530-949-4895

Property Features

  • Age
    Over 50 Years Old
  • Style
    Other Style

Map and Directions

Directions to 1557-1597 Bruce Drive, Anderson, CA 96007

Home seller CENTURY 21 Hilltop

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Hilltop

(530) 221-7112
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading