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Miles Way, Placerville, CA 95667
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$735,000
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Home Details for Miles Way
Price
$735,000
Type
Multi Family
Bedrooms
8
Full Bathrooms
4
Year Build
1962
Sq. Ft.
3400
Lot Size
0.5
County
El Dorado
Basement
None
MLS®️ Listing#
225028674
On exitrealty.com
252 days
Property Description
Prime Investment Opportunity - 4-Plex In Placerville! This well-maintained fourplex presents an excellent investment opportunity for investors looking to generate rental income in El Dorado County. Located in a private & tranquil setting on a generous .50-acre lot with no mello roos or HOA's, this property combines convenience, comfort & long-term value. The building spans 3,400 sq ft with 4-850 sq ft units- 2-upstairs units & 2-downstair units each unit has a covered parking space- with 3 additional parking areas- All units come equipped with in-unit laundry room, washers/ dryers & mud sink. Three of the 4 units have updated bathrooms. Fully rented, this property generates immediate income with a 7% cap rate making it a turnkey investment. Convenient Commuting: Situated near Highway 50. The location is ideal for commuters & those seeking a balance between small-town living & city access. Bring all offers, the seller is motivated!!
- Heating Information
- Natural Gas
- Propane
- Wall Furnace
- Utilities
- Cable Available
- Cable Connected
- Propane
- Parking
- Carport
- Covered
- On Street
- Cooling Information
- Window Unit(s)
- Water Features
- Public
- Basement
- None
Listing Courtesy: Windermere Signature Properties Cameron Park/Placerville - 530-672-4500. Presented by: Cynthia A. Harkey
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)
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$735,000
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)