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.
Property Type :
ResidentialIncome
County :
El Dorado
Style :
ResidentialIncome
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ByOwner last updated this listing 05/17/2024 @ 22:01
MLS: 223106274
LISTED BY: Robert Graves, 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.
