Two dwelling units on amazing 1.2 ac corner lot in beautiful Newcastle. Main house is manufactured home with 3 bedroom, 2 bath with 1456 sqft. Second unit is converted garage with 2 bedrooms, 1 bath, and an office. Property sits on just over an acre of green, luscious land and fruit trees. The stunning trees surround the home, providing the perfect atmosphere to enjoy the outdoors. Plenty of room and opportunities for adding a garage or workshop. You won't want to miss this opportunity!! Perfect 1031 investment opportunity.

Exterior StuccoWood Siding Foundation Construct Cc SlabPillars/Post Garage Parking None Lot Description CornerRegular Pool No Roof Shingle Style Cottage Type 1 Story View Yes Views Hills Yard Grounds Deck(S)

Fireplace No Floors Part Hardwood Laundry Appliance In Each Unit Unit1 Approx Sq Ft 1456 Unit1 Baths Full 2 Unit1 Bedrooms 3 Unit1 Half Baths 0 Unit1 Includes 220 WiringCentral AirCentral Heat Unit1 Sq Ft Source Owner Unit1 Total Rooms 4 Unit2 Approx Sq Ft 912 Unit2 Baths Full 1 Unit2 Bedrooms 2 Unit2 Half Baths 0 Unit2 Includes 220 WiringCentral AirCentral Heat Unit2 Sq Ft Source Owner Unit2 Total Rooms 3 Unit3 Approx Sq Ft 0 Unit3 Total Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Total Rooms 0

Auction No Cap Rate 6.00 City Transfer Tax Yes City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income 33600.00 Est Insurance Exp 0.00 Est Maintenance Exp 0.00 Est Management 0.00 Est Misc Expenses 0.00 Est Taxes 0.00 Est Total Annual Exp 0.00 Est Utilities Exp 0.00 GRM 16.96 Gross Scheduled Inc 33600.00 Lot Size Source (Realist Public Rec) Monthly Expenses 0.00 Monthly Income 2800.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc None Planned Unit Develop No Projected Or Actual Projected Sewer Septic Standard Septic Square Footage Source Owner Transaction Type Sale Unit1 Rents For 1500.00 Unit2 Date Lease Ex 2021-03-01 Unit2 Rents For 1200.00 Unit3 Rents For 0.00 Unit4 Rents For 0.00 Water Source Well-Private Year Built Source Realist Public Rec

Listing information © 2021 Bay Area Real Estate Information Services.
Listing courtesy of Jovan Kekich of Jtx Real Estate.

© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Golden Gate Sotheby's International Realty. Data last updated: 2021-01-20T20:09:11.793.

992 Fowler Road

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992 Fowler Road Newcastle, CA 95658

Property Description

Exterior	Stucco Wood Siding
Foundation Construct	Cc Slab Pillars/Post
Garage Parking	None
Lot Description	Corner Regular
Pool	No
Roof	Shingle
Style	Cottage
Type	1 Story
View	Yes
Views	Hills
Yard Grounds	Deck(S)

Fireplace	No
Floors	Part Hardwood
Laundry Appliance	In Each Unit
Unit1 Approx Sq Ft	1456
Unit1 Baths Full	2
Unit1 Bedrooms	3
Unit1 Half Baths	0
Unit1 Includes	220 Wiring Central Air Central Heat
Unit1 Sq Ft Source	Owner
Unit1 Total Rooms	4
Unit2 Approx Sq Ft	912
Unit2 Baths Full	1
Unit2 Bedrooms	2
Unit2 Half Baths	0
Unit2 Includes	220 Wiring Central Air Central Heat
Unit2 Sq Ft Source	Owner
Unit2 Total Rooms	3
Unit3 Approx Sq Ft	0
Unit3 Total Rooms	0
Unit4 Approx Sq Ft	0
Unit4 Total Rooms	0

Auction	No
Cap Rate	6.00
City Transfer Tax	Yes
City Transfer Tax Rate	0.00
Common Int Dev	No
Deposits	0.00
Est Ann Net Income	33600.00
Est Insurance Exp	0.00
Est Maintenance Exp	0.00
Est Management	0.00
Est Misc Expenses	0.00
Est Taxes	0.00
Est Total Annual Exp	0.00
Est Utilities Exp	0.00
GRM	16.96
Gross Scheduled Inc	33600.00
Lot Size Source	(Realist Public Rec)
Monthly Expenses	0.00
Monthly Income	2800.00
Multifamily Type	Multi Unit 2-4
New Construction Or Resale	Resale
Operating Exp Inc	None
Planned Unit Develop	No
Projected Or Actual	Projected
Sewer Septic	Standard Septic
Square Footage Source	Owner
Transaction Type	Sale
Unit1 Rents For	1500.00
Unit2 Date Lease Ex	2021-03-01
Unit2 Rents For	1200.00
Unit3 Rents For	0.00
Unit4 Rents For	0.00
Water Source	Well-Private
Year Built Source	Realist Public Rec