$824,999
$824,999
For more information regarding the value of a property, please contact us for a free consultation.
0.75 Acres Lot
SOLD DATE : 02/14/2024
Key Details
Sold Price $824,999
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223106274
Sold Date 02/14/24
HOA Y/N No
Year Built 1963
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type Duplex
Source MLS Metrolist
Property Description
Amazing opportunity to own 2 duplexes right off of El Dorado Rd! This offering comprises one of two separate parcels, each housing two duplexes, totaling four individual units per side. Welcome to the perfect investment that combines cozy living spaces, modern conveniences, and a strategic location for easy access to Highway 50 and Highway 49. There are 2 parcels being sold separately that each feature 2 duplexes. Each parcel totals 4 individual units each offering 2 beds, 1 bath, 1 car garage, and in-unit laundry hookups. With just under 800 sqft of living space per unit, this opportunity is the perfect addition to your portfolio. Each unit currently brings in an average of $1,500 per month with a cap rate of 6.3%. You will love the convenient location which is within walking distance from historic Poor Reds and El Doraado Counties longest walking trail. All of this and more just 8 minutes from Target, Safeway, restaurants, shopping, and more. Welcome home.
Location
State CA
County El Dorado
Area 12702
Direction Pleasant valley road to Elizabeth Lane
Rooms
Other Rooms Unit-1 Type: Apartment Approx SqFt: 750 Full Baths: 4 Occupancy: Tenant Rent: 1455 SqFt Source: Owner Unit-2 Type: Apartment Approx SqFt: 750 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1375 SqFt Source: Owner Unit-3 Type: Apartment Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1455 Unit-4 Type: Apartment Approx SqFt: 760 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1550 SqFt Source: Owner
Basement None
Interior
Heating Electric, Wood Stove
Cooling Ceiling Fan(s), Individual
Flooring Carpet, Laminate, Vinyl
Appliance Free Standing Refrigerator, Free Standing Electric Oven, Free Standing Electric Range
Laundry In Each Unit
Exterior
Exterior Feature Play Area
Parking Features Garage, Uncovered, Guest Parking Available
Garage Spaces 1.0
Utilities Available City
Water Access Desc Water District
Roof Type Composition
Topography Level
Porch Uncovered Patio, Covered Patio
Total Parking Spaces 2
Building
Lot Description Cul-De-Sac
Story 1
Foundation Raised, Slab
Sewer Sewer Connected
Water Water District
Architectural Style Traditional
Level or Stories One
Schools
Elementary Schools Mother Lode
Middle Schools Mother Lode
High Schools El Dorado Union High
School District El Dorado
Others
Senior Community No
Tax ID 331-101-010-000
Special Listing Condition Offer As Is
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Intero Real Estate Services
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "