553 Skyline Drive

Placerville, CA, 95667

$650,000

$314 per ft²
$650,000
$314 per ft²
Active
Active
 - For Sale
beds
3 Beds
baths
3 Baths
carpenters-square
2,064 ft²
property_type
Residential
calendar
Built 1973
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
MLS® ID:
223022091
Updated:
3/29/23
Core Realty Group
Mobile: (530) 363-8445Email: casey@corerealtyteam.com

Interior Features

Total Bedrooms
3
Full Bathrooms
3
Floor Description
Laminate, Tile
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
9,583 ft² lot
Roof
Composition
Sewer
Public Sewer

School Information

School District
El Dorado
High School
El Dorado Union High
Elementary School
Placerville Union

Other Property Details

Area Name
12701
Garage
Yes
Garage Spaces
2
Parking
Y
View
N
County
El Dorado
Water Source
Public
Pool
No
Total Stories
2
Buyer Agency Compensation
2.5

Courtesy of Big Block Realty North, Inderjit Ghusar,
Listing Contact:  

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Core Realty Group
Mobile: (530) 363-8445Email: casey@corerealtyteam.com
Contact