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Kelli Griggs
Navigate Realty
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Don't miss this lucrative investment opportunity in Historic Downtown Placerville. Situated above Main Street this property features 3 units on one lot. 854 & 848 Reservoir Street both built in 1926 feature 1 bedroom and 1 bathroom complete with their own kitchen and shared washer and dryer. 830 De Bernard boasts 3 bedrooms and 1 bathroom as well as a kitchen and in-unit washer and dryer. All 3 units are occupied and the tenants would love to stay. Even with the currently below-market rents (total rent comes to $3,178), the cap rate calculates near 6% at the asking price. Walking distance to downtown historic Placerville with excellent art galleries, shops, restaurants, and many special events. The property is offered as-is.
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Total Bedrooms : 3
Total Baths: 1
Full Baths: 1
Sewer: Public Sewer
Kitchen Features : Laminate Counter
Roof : Composition
Appliances : Free Standing Refrigerator,Hood Over Range,Dishwasher,Disposal,Free Standing Electric Range
Laundry Features: Dryer Included,Washer Included
Composition
Carpet,Laminate
Heating: Central
Cooling: Central
Water Source: Public
Number of Fireplaces: 0
Fireplace Features: 0
Year Built: 1917
Construction: Frame,Wood,Wood Siding
Roof: Composition
Foundation Details: Raised
Foundation Details: Raised
Dryer Included,Washer Included
Lot Description: Shape Irregular
Lot Square Feet: 18,295
Stories: 1
Main Square Feet: 868
Property Type: Residential
Sub Type: 3+ Houses on Lot
SQ ft (Living Area): 868
Construction Materials: Frame,Wood,Wood Siding
Property Age: 107
Cross Street: Madrone Ln
Source Neighborhood: 12701
Postal Code Plus 4: 5622
Area: Placerville S: 95667
Zoning: R2
Living Area Source: Owner
Structure Type: Detached
Irrigation Source: Public District
Listing Id: 223059597
List Price: $450,000
List Price Tot SqFt: $518
Parcel Number: 003-151-032-000
No Garage,Unassigned
Association YN : No
Calculated Total Monthly Association Fees : $0
Elementary School District: Placerville Union
Junior High School District: Placerville Union
Senior High School District: El Dorado Union High
Public,Internet Available
Electric: 220 Volts
Direction: At the end of the court there is a dirt road to the left. The road dead ends in front of 830 De Bernardi. The additional 2 units can be accessed from Reservoir St or you can use the trail down from the main home.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2985 Clay Street, Placerville, CA,95667 | $950,000 | 4 | -- | 3,565 | 16553 Sqft |
Serenity Drive, Placerville, CA,95667 | $899,000 | 3 | 4 | 2,000 | -- |
Vineyard Lane, Placerville, CA,95667 | $6,900,000 | 3 | 3 | 2,500 | -- |
Sly Park Road, Placerville, CA,95667 | $1,170,000 | 3 | 5 | 4,160 | -- |
Meesha Lane, Placerville, CA,95667 | $899,000 | 3 | 3 | 3,276 | -- |
Squire Lane, Placerville, CA,95667 | $457,000 | 2 | 2 | 1,456 | -- |
Blue Bell Court, Placerville, CA,95667 | $494,000 | 3 | 2 | 1,737 | -- |
Brendan Way, Placerville, CA,95667 | $850,000 | 3 | 3 | 2,858 | -- |
Lower Lake Drive, Placerville, CA,95667 | $1,180,000 | 4 | 4 | 3,576 | -- |
Bucks Bar Road, Placerville, CA,95667 | $485,000 | 1 | 2 | 1,376 | -- |
ByOwner last updated this listing 05/08/2024 @ 20:00
MLS: 223059597
LISTED BY: Kelli Griggs, Navigate Realty
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.