• Estimated Value See Price
  • Estimated Value: $645,723
  • SOVEREIGN CITRUS HEIGHTS, CA 95621

  • 10 Beds 4 Baths 3,344 SqFt
  • Single Family Home / Owner Financing

Property Details for SOVEREIGN St, CITRUS HEIGHTS, CA 95621

Features

Facts

Description

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Huge Income Opportunity!! 20%+ CAP Rate with only 6 clients! ***Seller Financing may be considered with strong offer and well qualified buyer!!*** This 4660+/- sf, 10 bedroom, 4.5 bath property which sits on a nearly 1/2 acre double lot in a quiet cul-de-sac has been a successful residential care facility (RCFE) for more than 30 years. As per Citrus Heights Planning Dept, up to 20 RCFE or Transitional Housing clients may be permissible with a Use Permit. Or, bring the entire family and have room to spare. Property is setup with client and owner/caretaker living areas separated by a laundry/utility room and has separate central heating and cooling systems and separate PV solar systems. Can easily be re-configured to expand client capacity.

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