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553 Skyline DR Placerville, CA 95667
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Key Details
Sold Price $635,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,064 sqft
Price per Sqft $307
MLS Listing ID 223022091
Bedrooms 3
Full Baths 3
Year Built 1973
Lot Size 9,583 Sqft
Property Description
This incredible remodeled property offers over 2,000 square feet of living space, featuring three bedrooms and three bathrooms. In addition, there is a second income-producing unit on the property. Both units combined generate a fantastic monthly rental income of $4,050, making this property an excellent investment opportunity.The property can be bought individually or as part of a package deal along with other listings in the portfolio. The sellers are willing to offer a discount for the purchase of the entire portfolio. With a net operating income of $412,668, the cap rate for this property is impressive. The properties have been well-maintained and were completely remodeled with high-quality materials, minimizing the need for maintenance. Furthermore, the leases come with double to triple deposits, providing an added advantage. The rental history is excellent with very few vacancies. There is also an opportunity to increase the value of the portfolio through the addition of ADUs. MLS #s listing included in the portfolio 223021719,223021624,223020926,223020949,223020889,223020935,223020910
Location
State CA
County El Dorado
Area 12701
Rooms
Dining Room Breakfast Nook, Other
Kitchen Breakfast Area, Stone Counter
Interior
Heating Central
Cooling Central
Flooring Laminate, Tile
Laundry Cabinets
Exterior
Garage Garage Facing Front
Garage Spaces 2.0
Utilities Available Public
Roof Type Composition
Building
Lot Description Other
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Placerville Union
Middle Schools Placerville Union
High Schools El Dorado Union High
School District El Dorado
Others
Special Listing Condition None
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Bought with RE/MAX Gold