Property Details
About this Property
$250,000 Price reduction*** 10% Cap rate on actuals! This is a very unique opportunity. This is not an apartment complex, although it is ran just like an apartment community. The Subject property consists of two separate buildings. 1) is a 6bedroom/3.5 Bath single family home that is on a master lease for $1500 a month. Rent could be more like $3,000! building #2) is a 31 bedroom, 6 bathroom structure that is rented by the room. Rents range from $500-$650 per bedroom. There is an on-site manager that does all of the management for the owner and is willing to stay. The building includes a back yard community garden area, a common area commercial sized shared kitchen with 16 refrigerators. There are vending machines, storage lockers and a laundry facility on-site. The building is very quiet and well kept. There is a walking path to Downtown Placerville which is only a stones throw away! This building is a cash cow and consistently remains occupied due to the affordability and location. Priced to sell!
MLS Listing Information
MLS #
ME224039888
MLS Source
MetroList Services, Inc.
Days on Site
219
Interior Features
Flooring
Varies by Unit
Cooling
Ceiling Fan, Central Forced Air
Heating
Central Forced Air, Varies by Unit
Exterior Features
Foundation
Slab
Style
Other
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Street, Garage: 0 Car(s)
High School District
El Dorado Union High
Sewer
Public Sewer
HOA Fee
$0
Zoning
R106
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 37 | 37 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 200 | 37 | 9/0 | $650 | – | – |
| 2 | 0 | 0 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2980 Coloma St is a Residential Income in Placerville, CA 95667. This 0 square foot property sits on a 0.46 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,500,000 and was built in –. This address can also be written as 2980 Coloma St, Placerville, CA 95667.
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This listing information is up-to-date as of August 26, 2024. For the most current information, please contact Matthew Sarro, (916) 616-5267
