2980 Coloma Street,  Placerville  (95667)

$1,900,000

37 bedrooms 37   9 bathrooms 9   20037 square feet 20,037
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Listed By: Matthew S Sarro of Collier's International CA, Inc.
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PROPERTY DETAILS

Address: view address
Placerville, CA 95667
Map Location
Features: Air Conditioning, Multi-level
Bedrooms:37Bathrooms:9 (full: 9)
Square Feet:20,037 sq.ft.Lot Size:0.46 acres
Year Built:1875Styles:Other
Status:ActiveProperty Type:5 or More Units
School District:El DoradoCounty:El Dorado
List Date:2024-04-19Listing Number:224039888
Listed By:Collier's International CA, Inc.

PROPERTY DESCRIPTION

7.5% Cap rate on actuals! This is a very unique opportunity. This is not an apartment complex, although it is ran just like an apartment community. The Subject property consists of two separate buildings. 1) is a 6bedroom/3.5 Bath single family home that is on a master lease for $1500 a month. Rent could be more like $3,000! building #2) is a 31 bedroom, 6 bathroom structure that is rented by the room. Rents range from $500-$650 per bedroom. There is an on-site manager that does all of the management for the owner and is willing to stay. The building includes a back yard community garden area, a common area commercial sized shared kitchen with 16 refrigerators. There are vending machines, storage lockers and a laundry facility on-site. The building is very quiet and well kept. There is a walking path to Downtown Placerville which is only a stones throw away! This building is a cash cow and consistently remains occupied due to the affordability and location. Priced to sell!

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Interior

Air Conditioning:YesCeiling Fan(S):Yes
Central Air:YesCentral Heat:Yes

Exterior

Square Footage Unit #1:200.00Stucco Exterior:Yes
Style:OtherVinyl Siding:Yes

Property and Lot Details

1 Bedroom Units:37.00Lot Acres:0.46
Lot Sqft:20,038.00Lot Zoned:R106
Natural Gas:YesPublic Sewer:Yes
School District:El DoradoTransaction Type:Sale
Year Built:1875

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Matthew S Sarro of Collier's International CA, Inc.