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72 Commercial Street, Portola, CA 96122

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For Sale
Sale Pending

$749,000

4 beds • 6 baths • 4,881 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $153.45
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

This stunning 1920s structure has been meticulously remodeled down to the studs, featuring new plumbing, electrical, (units include individual electric meters) drywall, windows, siding, flooring and heating and cooling units. A unique opportunity to own four residential units. On the second floor, you'll find a grand communal hallway leading to a beautifully appointed two-bedroom, 2 bath apartment in the western wing, and another similar unit in the eastern wing. But that s not all ascending to the third floor, you'll discover a luxurious one-bedroom, 1 1/2 bath penthouse. To sweeten the deal, the buyer will receive a $20,000 credit to personalize the finishes to their liking. Explore Portola's rich history celebrated at the Western Pacific Railroad Museum, providing a living museum experience that visitors can enjoy with family and friends. Be sure to explore the Williams House Museum and the Portola Visitors Center, while planning a day of fun at the City Park, take a dip at the Portola Swimming Pool, stroll along the Riverwalk, or enjoy a game of disc golf. The area is also home to several beautiful golf courses. For the outdoors enthusiasts the Sierra Buttes Trail Stewardships works tirelessly to restore, enhance, maintain, and connect rural mountain trails throughout Tahoe, Plumas and Lassen National Forest of the Lost Sierra. This incredible property currently generates $3,200 in monthly rental revenue, with the potential to increase an additional $1,500 per month for the penthouse once completed. Don t miss this exceptional investment opportunity in a vibrant community!
MLS# 20241024

Courtesy Of WHITEHAWK PROPERTY SVS

(530) 836-2021

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Wired
  • Appliances
    Dryer, Range
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Floor Covering
    Laminate
  • Heating System
    Fireplace
  • Lot Size
    0.09 Acres
  • Roof Type
    Metal
  • Rooms
    Kitchen, Living Room, Office
  • View Type
    Mountain

Map and Directions

Directions to 72 Commercial Street, Portola, CA 96122

Home seller CENTURY 21 Tahoe North, Realtors

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 Tahoe North, Realtors

(530) 546-8224
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Copyright © 2024 Plumas Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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.

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