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Listing Details

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Type
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Built
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School Information

Elementary School
Middle School
High School
School District

Description

Here is a great opportunity located in the heart of downtown Auburn, bustling with history, great shops, galleries, and restaurants. In a bit cooler climate, this property and location are highly desirable. This triplex has one 2 bd/2 bath, and two 1 bd/1 bath units that produces $3,650 monthly income. Currently rented under market value with long term tenants in all units, 6.5% CAP rate. Owner financing preferred with $250,000 down. Interiors are updated. With some exterior cosmetic updating and landscaping this investment has unlimited POTENTIAL!

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© 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-09-17T18:39:34.01. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.findmyhomeroseville.com/homes/115481933
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300 Cherry Avenue Auburn, CA 95603

  • Price: $644,900
  • Status: Active
  • Updated: 24 min ago
  • MLS #: 221025029
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1930
Built
Neighborhood:
Auburn
County:
Placer
Area:
Auburn
Elementary School:
Western Placer
Middle School:
Placer Hills Union
High School:
Placer Union High
School District:
Placer
Property Description
Here is a great opportunity located in the heart of downtown Auburn, bustling with history, great shops, galleries, and restaurants. In a bit cooler climate, this property and location are highly desirable. This triplex has one 2 bd/2 bath, and two 1 bd/1 bath units that produces $3,650 monthly income. Currently rented under market value with long term tenants in all units, 6.5% CAP rate. Owner financing preferred with $250,000 down. Interiors are updated. With some exterior cosmetic updating and landscaping this investment has unlimited POTENTIAL!
Exterior Features

Architectural Style Victorian Carport Spaces 0 Construction Materials WoodWood Siding Covered Spaces 0 Foundation Raised Independent Parking Spaces 0 Lot Features Other Num Of Floors 1 Num Of Guest Spaces 0 Open Parking Spaces 0 Parking Features Uncovered Tandem Parking Spaces 0 Total Parking Spaces 5

Interior Features

Cooling Other Flooring Other Heating Other Laundry Features Washer/Dryer Hookups Num Of Rooms 0 Num Of Studio Units 0 Num Of1 Bedroom Units 2 Num Of2 Bedroom Units 1 Num Of3 Bedroom Units 0 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 1460 Unit1 Rooms 0 Unit1 Type Apartment Unit2 Approx Sq Ft 0 Unit2 Bedrooms 1 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2 Rent 990 Unit2 Rooms 0 Unit2 Type Apartment Unit3 Approx Sq Ft 0 Unit3 Bedrooms 1 Unit3 Full Baths 1 Unit3 Partial Baths 0 Unit3 Rent 1200 Unit3 Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4 Rent 0 Unit4 Rooms 0

Property Features

1 Bedroom Annual Occupancy 0 1 Bedroom Rent Range 990-1200 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Association Fee 0 Association YN No Electric 220 Volts Elevation 0 Income Includes Rent Only Irrigation None Lease Deposit 0 Num Of Commercial Units 0 Operating Expense Includes InsuranceTrashWater/Sewer Property Subtype Triplex Property Type Residential Income Sewer Public Sewer Special Listing Conditions None Studio Annual Occupancy 0 Subtype Description Apartments Utilities City Water Source Public Zoning Dplex

Listing provided courtesy of Allison James Estates & Homes. Listing information © 2021 MetroList Services, Inc.


© 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-09-17T18:39:34.01. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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