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553 Skyline Drive

Placerville, CA 95667
  • $650,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 223022091
UPDATED: 50 min ago
$650,000
  • 3
    BEDS
  • 0.22
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,064
    SQFT
  • $315
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1973
County:

School Information

Elementary School:
Middle School:
High School:
School District:

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

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Metrolist MLS logo © 2023 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 2023-03-29T18:39:51.893. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.3steprealtygroup.com/homes/137838731
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553 Skyline Drive Placerville, CA 95667

  • Price: $650,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 50 min ago
  • MLS #: 223022091
3
Beds
3
Baths
0
½ Baths
0.22
Acres
2,064
SQFT
$315
$/SQFT
1973
Built
Neighborhood:
Greater Placerville
County:
El Dorado
Area:
Greater Placerville
Elementary School:
Placerville Union
Middle School:
Placerville Union
High School:
El Dorado Union High
School District:
El Dorado
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
Exterior Features

Carport Spaces 0.00 Construction Materials Wood Entry Level 0 Foundation Other Lot Features Other Open Parking Spaces 0.00 Parking Features Garage Facing Front Parking Fee 0 Roof Composition Total Parking Spaces 0.00

Interior Features

Bath Features StoneOther Cooling Central Dining Room Features Breakfast NookOther Flooring LaminateTile Heating Central Kitchen Features Breakfast AreaStone Counter Laundry Features Cabinets Main Level Bedroom(S)Living Room Num Of Fireplaces 0

Property Features

Additional Unit YN No Association No Association Fee 0 Electric 220 Volts Elevation 0 Horse Property No Irrigation Public District Pool No Property Subtype Single Family Residence Property Type Residential Remodeled Updated Yes Remodeled Updated Desc Bath 0-5YrKitchen 0-5Yr Senior Community No Sewer Public Sewer Special Listing Conditions None Subtype Description Detached Utilities Public Water Source Public Zoning Residential

Metrolist MLS logo Listing provided courtesy of Big Block Realty North: . Listing information © 2023 MetroList Services, Inc.


Metrolist MLS logo © 2023 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 2023-03-29T18:39:51.893. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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3 Step Realty Group
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Tracy CA, 95376